railway RPF Constable Mock Test Series 2024 Quantitative Aptitude Interest Simple Interest

A person lent a certain sum of money at the annual rate of 7 percent on simple interest and the interest received in 11 years is Rs. 920 less than the sum lent. What is the sum lent?

1
Rs. 41200
2
Rs. 4000
3
Rs. 52000
4
Rs. 2400
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