A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What was the sum?

A sum was invested at simple interest at a certain interest for 2 year

1.	A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What was the sum?
A.	Rs. 1500
B.	Rs. 1300
C.	Rs. 2500
D.	Rs. 1000
Answer» B. Rs. 1300

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A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What was the sum?

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