Teaching UPTET 2023 (Paper 1 & 2) Mock Test Quantitative Aptitude Interest Simple Interest

Monty paid a simple interest of Rs. 480 on a particular sum after 2 years. The rate was 8% per annum. Find the sum.

1
Rs. 2,200
2
Rs. 2,000
3
Rs. 3,000
4
Rs. 2,500
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