A sum was put at simple interest at a certain rate for 3 years. had it been put at 2% higher rate, it would have fetched Rs 420 more. Find the sum?

Q. A sum was put at simple interest at a certain rate for 3 years. had it been put at 2% higher rate, it would have fetched Rs 420 more. Find the sum?

(A) Rs. 6500

(B) Rs. 7000

(C) Rs. 7500

(D) Rs. 5500

Answer: B

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