A certain sum becomes ₹56,000 in 5 years at 20% per annum simple interest. Find that sum (in ₹).

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 25,000
2. (B) 35,000
3. (C) 28,000
4. (D) 31,000

Verified Answer

Option (C): 28,000

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bf6f-4d24-7ad6-8c6c-0f251228a2b8/a-certain-sum-becomes-56000-in