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A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 500 less than the sum lent. What was the sum lent?a)2000b)1000c)500d)250Correct answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 500 less than the sum lent. What was the sum lent?a)2000b)1000c)500d)250Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 500 less than the sum lent. What was the sum lent?a)2000b)1000c)500d)250Correct answer is option 'A'. Can you explain this answer?.

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