Seth invested a certain amount of money and got back an amount of ₹8400. If the bank paid an interest of ₹700, find the amount Seth invested.

8000

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7500

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7700

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7800

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Solution

The correct option is C 7700
Amount (A) = ₹8400,

Simple Interest (SI) = ₹700

Principal (P) = Amount (A) – Interest (I)

= 8400 - 700 = 7700

Seth invested ₹7700.

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Seth invested a certain amount of money and got back an amount of ₹8400. If the bank paid an interest of ₹700, find the amount Seth invested.

The correct option is C 7700Amount (A) = ₹8400, Simple Interest (SI) = ₹700 Principal (P) = Amount (A) – Interest (I) = 8400 - 700 = 7700 Seth invested ₹7700.

The correct option is C 7700
Amount (A) = ₹8400,

Simple Interest (SI) = ₹700

Principal (P) = Amount (A) – Interest (I)

= 8400 - 700 = 7700

Seth invested ₹7700.