A certain sum of money is borrowed by a person at 8% simple interest for 4 years. If he has to pay 7384 as interest, what is the total amount he has to pay ?

A certain sum of money is borrowed by a person at 8% simple interes

1.	A certain sum of money is borrowed by a person at 8% simple interest for 4 years. If he has to pay 7384 as interest, what is the total amount he has to pay ?
A.	1487
B.	1584
C.	1634
D.	1729
Answer» C. 1634

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A certain sum of money is borrowed by a person at 8% simple interest for 4 years. If he has to pay 7384 as interest, what is the total amount he has to pay ?

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