A certain sum lent for a period of `21/2` years under simple interest at `9%` per annum earned an interest of Rs 234. From the following options, find the sum that was lent.A. Rs 960B. Rs 1040C. Rs 1246D. Rs 1146

A certain sum lent for a period of `21/2` years under simple interest

1.	A certain sum lent for a period of `21/2` years under simple interest at `9%` per annum earned an interest of Rs 234. From the following options, find the sum that was lent.A. Rs 960B. Rs 1040C. Rs 1246D. Rs 1146
Answer» `("PTR")/100=1` `(P xx 5/2 xx 9)/(100)=234` `rArr (P xx 45)/(200)=234` `rArr P=(234 xx 200)/(45)` `therefore P =Rs 1040`

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A certain sum lent for a period of `21/2` years under simple interest at `9%` per annum earned an interest of Rs 234. From the following options, find the sum that was lent.A. Rs 960B. Rs 1040C. Rs 1246D. Rs 1146

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