Question

A sum of money was put at simple interest at a certain rate for 3 years. Had it been at a 2% higher rate, it would have fetched ₹480 more. Find the sum.

A ₹ 8,000
B ₹ 7,000
C ₹ 6,000
D ₹ 5,000
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)