A sum of money at simple interest amount to Rs. 2240 in 2 years and Re. 2600 in 5 years. The sum is: Options: A . &nbspRs. 1880 B . &nbspRs. 2000 C . &nbspRs. 2120 D . &nbspdata inadequate

A sum of money at simple interest amount to Rs. 2240 in 2 years and Re. 2600 in

Question

A sum of money at simple interest amount to Rs. 2240 in 2 years and Re. 2600 in 5 years. The sum is:

Options:

A . Rs. 1880

B . Rs. 2000

C . Rs. 2120

D . data inadequate

Answer: Option B

S.I for 3 years = Rs. (2600-2240) = Rs. 360
S.I for 2 years = Rs. (360/3 Ã— 2) = Rs. 240.
Sum = Rs. (2240-240) = Rs. 2000.

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