A sum was put at simple interest at a certain rate for 5 years Had it been put at 6% higher rate, it would have fetched 90 more. Find the sum. Options
A) 90  B) 100  C) 200  D) 300  E) 400
Difference in S.I. = P×T/100(R1−R2)   ⇒ 90 = P×5x6/100(∵ R1 - R2 = 2)   ⇒ P = 90×100/5x6=300   Answer 300
<result>D</result>
A sum was put at simple interest at a certain rate for 5 years Had it been put at 6% higher rate, it would have fetched 90 more. Find the sum.