A sum of money was invested at the rate of 7.5% simple interest per annuum for 4 years. If the investments were for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested?

1
Rs. 4,500
2
Rs. 5,000
3
Rs. 3,750
4
Rs. 4,750
5
Question Not Attempted

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation