A sum was invested on simple interest at a certain rate for 2 years. If the interest rate is increased by 4%, then the interest increases by Rs 160. What is the sum (in Rs) invested?

A sum was invested on simple interest at a certain rate for 2 years. I

1.	A sum was invested on simple interest at a certain rate for 2 years. If the interest rate is increased by 4%, then the interest increases by Rs 160. What is the sum (in Rs) invested?
A.	2000
B.	3000
C.	3500
D.	4000
Answer» B. 3000

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A sum was invested on simple interest at a certain rate for 2 years. If the interest rate is increased by 4%, then the interest increases by Rs 160. What is the sum (in Rs) invested?

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