Kirti invested a sum of money at a certain rate of simple interest per annum for 3 years in "Bachat scheme". Had she invested the same sum in "Shiksha scheme" for 3 years which has a 2% higher simple interest rate per annum, the investment would have fetched ₹540 more. How much did Kirti invest?
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Q:
Kirti invested a sum of money at a certain rate of simple interest per annum for 3 years in "Bachat scheme". Had she invested the same sum in "Shiksha scheme" for 3 years which has a 2% higher simple interest rate per annum, the investment would have fetched ₹540 more. How much did Kirti invest?
- 1₹ 9,500false
- 2₹ 9,000true
- 3₹ 7,000false
- 4₹ 8,000false
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