At 8% simple interest per annum a sum of money becomes Rs. 300 in \(2\frac{1}{2}\) years. What was the sum invested?

At 8% simple interest per annum a sum of money becomes Rs. 300 in \(2\

1.	At 8% simple interest per annum a sum of money becomes Rs. 300 in \(2\frac{1}{2}\) years. What was the sum invested?
A.	Rs. 240
B.	Rs. 275
C.	Rs. 260
D.	Rs. 250
Answer» E.

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At 8% simple interest per annum a sum of money becomes Rs. 300 in \(2\frac{1}{2}\) years. What was the sum invested?

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