A person lent a certain sum of money at per annum at simple interest and in 8 years the interest amounted to ₹ 340 less than the sum lent. What was the sum lent?
A. ₹ 400
B. ₹ 450
C. ₹ 550
D. ₹ 500
Answer:D
A person lent a certain sum of money at per annum at simple interest and in 8 years the interest amounted to ₹ 340 less than the sum lent. What was the sum lent?
A. ₹ 400 B. ₹ 450 C. ₹ 550 D. ₹ 500