Question
Mathematics Question on SI & CI
Ravi invested certain sum on simple interest. He invested two-third of his sum at 7% p.a and the remaining at 8% p.a. In 3 years he earned ₹1320 as interest. Find the sum invested by him (in ₹).
A
4000
B
5000
C
6000
D
6400
Answer
6000
Explanation
Solution
The correct option is(C): 6000