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The simple interest on a certain sum of money for 21/2 years at 12% per annum is Rs. 40 less than the simple interest on the same sum for 31/2 years at 10% per annum. Find the sum?
Rs. 410
Rs. 408
Rs. 800
Rs. 850
Let the sum be Z then, (Zx10x7⁄100x2) - (Zx12x5⁄100x2) =40 7Z⁄20 - 3Z⁄10 = 40 Z = 40 x 20 The sum is Rs. 800
By: MIRZA SADDAM HUSSAIN ProfileResourcesReport error
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