A person took some amount with some interest for 7 years, but increase the interest for 1%, he paid Rs.700/- extra, then how much amount he took?  Answers:
A) Rs.5500/- B) Rs.6000/- C) Rs.4000/- D) Rs.7000/- E) None of these
None of thesexplanation:
7 years = Rs.700/-
year = 700/7
Rate of Interest = 1%
100/1% × 700/7 = Rs.1000/-
P = Rs.1000/- Answer: Option None of these
<result>E</result>
A person took some amount with some interest for 7 years, but increase the interest for 1%, he paid Rs.700/- extra, then how much amount he took?