Mr. X lent some amount of money at 4% S.I. and he obtained ₹ 520 less than he lent in 5 years. The sum lent is

CA Foundation · Quantitative Aptitude · MTP · May 2026
Mr. X lent some amount of money at 4% S.I. and he obtained ₹ 520 less than he lent in 5 years. The sum lent is
(A) A. ₹ 620
(B) B. ₹ 650
(C) C. ₹ 750
(D) D. ₹ 2,600

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. ₹ 2,600

Topics: Part-A: Business Mathematics

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