A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/yr in 4 years. What is the sum (in Rs)?1). 40002). 60003). 80004). 7500

A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/y

1.	A sum fetched a total simple interest of Rs 1200 at the rate of 7.5%/yr in 4 years. What is the sum (in Rs)?1). 40002). 60003). 80004). 7500
Answer» is 4000 is the CORRECT ANSWER?? am i RIGHT?