A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/yr in 4 years. What is the sum (in Rs)?

A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/y

1.	A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/yr in 4 years. What is the sum (in Rs)?
A.	4000
B.	6000
C.	8000
D.	7500
Answer» B. 6000