Q104
Jhon invested a sum of money at an annual simple interest rate of 10%. At the end of four years the amount invested plus interest earned was Rs. 770. The amount invested was = ?
A.
Rs. 650
B.
Rs. 350
C.
Rs. 550
AnswerD.
Rs. 500
Answer: Option C
Solution
Answer: Option C
Solution:
Let the amount invested = Rs. PAccording to the question,
Hence, required invested amount = Rs. 550
Alternate