A sum was put at a Simple Interest at a certain rate of 4 years. Had it been put a 4% higher rate, it would have fetched Rs 720 more. What is the principal?

🎲 Try a Random Question  |  Total Questions in Quiz: 50  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Simple Interest Problems — practice the complete quiz, review flashcards, or try a random question.


A sum was put at a Simple Interest at a certain rate of 4 years. Had it been put a 4% higher rate, it would have fetched Rs 720 more. What is the principal?