₹ 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is ₹ 480, the latter sum of money is:
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Q:
₹ 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is ₹ 480, the latter sum of money is:
- 1₹ 600true
- 2₹ 550false
- 3₹ 450false
- 4₹ 750false
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