Certain sum of money borrowed at simple interest to ₹ 2688 in three years and to ₹ 2784 in four years at the rate per annum equal to

CA Foundation · Quantitative Aptitude · MTP · September 2025
Certain sum of money borrowed at simple interest to ₹ 2688 in three years and to ₹ 2784 in four years at the rate per annum equal to
(A) A. 4%
(B) B. 6%
(C) C. 5%
(D) D. 7%

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 4%

Topics: Part-A: Business Mathematics

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