A sum of money was invested at the rate of 7.5% simple interest per annuum for 4 years. If the investments were for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested?

A sum of money was invested at the rate of 7.5% simple interest per an

1.	A sum of money was invested at the rate of 7.5% simple interest per annuum for 4 years. If the investments were for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested?
A.	Rs. 4,500
B.	Rs. 5,000
C.	Rs. 3,750
D.	Rs. 4,750
Answer» C. Rs. 3,750

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A sum of money was invested at the rate of 7.5% simple interest per annuum for 4 years. If the investments were for 5 years, the interest earned would have been Rs. 375 more. What was the initial sum invested?

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