A person lent certain sum of money at the annual rate of 25 percent on simple interest. In 6 years the interest amounted to Rs.360 more than the sum lent. What is the sum lent?

Rs.600 Rs.360 Rs.720 Rs.540

Rs.720

Let Principal(P)= 100% Rate(R)=25% Time(T)= 6 years Total Interest(I) = Rate × Time = 25×6=150% ATQ 50% = 360 Rs 1% = \(\frac{360}{50}\) 100% = \(\frac{360}{50}\)×100 = Rs 720