A sum was put at simple interest at a certain rate for 2 years.Had it been put at 3% higher rate, it would have fetched₹ 300 more. Find the sum.



[ A ]    ₹ 6000
[ B ]    ₹ 8230
[ C ]    ₹ 5000 right
[ D ]    ₹ 4600
[ E ]    None of these
Answer : Option C
Explanation :
500
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