A sum was put at SI at certain rate for 2 years.Had it been put at 3% higher rate, it would have fetched Rs.300 more.Find the Sum
Choose the correct choice from the following answers:  A) rs 4000  B) rs 5000  C) rs 6000  D) rs 7000  E) rs 8000

Rationale: let p be the sum . and x be the interest rate . ( 2 * ( x + 3 ) * p / 100 ) - ( 2 * x * p / 100 ) = 300 therefore 6 p / 100 = 300 p = rs 5000 answer : b
Answer: B