Maths A sum of money was lent for 2 years at a certain rate of simple interest, if the rate of interest had been 1% per annum higher, it would have earned Rs 240 more. How much is this money?

Q.201961: A sum of money was lent for 2 years at a certain rate of simple interest, if the rate of interest had been 1% per annum higher, it would have earned Rs 240 more. How much is this money?
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