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The simple interest on a sum for 4 years at 6 percent is Rs 720. The principal is:

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Question ID #13390

Correct Answer: D. Rs 3,000

Question: The simple interest on a sum for 4 years at 6 percent is Rs 720. The principal is:

A. Rs 2,500

B. Rs 4,000

C. Rs 3,500

D. Rs 3,000

Correct Answer: D. Rs 3,000

The simple interest on a sum for 4 years at 6 percent is Rs 720. The principal is: - MCQ Explanation

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Correct answer: D. Rs 3,000