5
Q:
A) Rs 4000 | B) Rs 4950 |
C) Rs 5000 | D) Rs 5150 |
Answer: C) Rs 5000
Explanation:
Explanation:
Let the rate of interest be R
(Interest at rate (R+4)%)–(Interest at R%)
= 600(PT(R+4)/100) –(PTR/100)
= 6003PR +12P –3PR = 60000
12P = 60000
P = 5000