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