Question
The simple interest on a certain sum of money for 3 years a 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum . The sum placed on simple interest is :
Answer: Option C
Was this answer helpful ?
C.I. = Rs `[4000 xx (1 + 10/100)^2 - 4000]`
=Rs.`(4000xx 11/10 xx 11/10 - 4000)`
=Rs. 840.
`:.` Sum = Rs.`((420 xx100)/(- 3 xx 8))`
Rs. 1750.
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution