state gov Punjab (ਪੰਜਾਬ) Police Constable Mock Test Series 2025 Quantitative Aptitude Interest Simple Interest
A sum of money was invested at a certain rate of simple interest per annum for a period of 4 years. Had the rate of simple interest per annum been 2% more, the sum invested would have earned a total of Rs. 640 more as interest in these 4 years. What was the sum (in Rs.) invested?
1
9,500
2
7,500
3
9,000
4
8,000