A certain sum of money at simple interest amounted Rs.800 in 12 years at 3% per annum, find the sum?

A certain sum of money at simple interest amounted Rs.800 in 12 years at 3% per annum, find the sum?

Quiz

Answer/Solution

588

Steps/Work

800 = P [1 + (12*3)/100]
P = 588'
Answer:D