A sum of money was invested at a certain rate of simple interest for 2 – McqOptions

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1.	A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it would have fetched Rs.192 more interest. The sum of money is-
A.	Rs.9000
B.	Rs.9600
C.	Rs.7200
D.	Rs.8400
Answer» C. Rs.7200

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