The sum which will earn a simple interest of Rs 126 in 2 years at 14% per annum is
Given, Interest(I) = 126
Rate = 14%
Time = 2year
⇒ we know that Interest = ![]()
⇒ 126 = ![]()
⇒ 12600 = P × 14 × 2
⇒ P = ![]()
= 450
⇒ Option A is incorrect as 394 ≠ 450
⇒ Option B is incorrect as 395 ≠ 450
⇒ Option C is correct as 450 = 450
⇒ Option D is incorrect as 540 ≠ 450
Hence, C is the correct option
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