Genius Jnr - Use the following information to answer the next question. Karan invested a certain sum of money in funds that offered 6% rate of simple interest per annum. At the end of the second year, he received Rs 150 as interest. How much money was invested by Karan?

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Use the following information to answer the next question.

Karan invested a certain sum of money in funds that offered 6% rate of simple interest per annum. At the end of the second year, he received Rs 150 as interest.

How much money was invested by Karan?

Rs 1150

Rs 1250

Rs 1500

Rs 1700

or

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