Question

The simple interest on a certain sum of money for $2\frac{1}{2}$ years at 12% per annum is RS.40 less than the simple interest on the same sum for $3\frac{1}{2}$ years at 10% per annum. Find the sum

• A. Rs 800
• B. Rs 1,600
• C. Rs 1,200
• D. Rs 1,000

Answer 1

Answer: (A)

Rs 800

Answer 2

The correct answer is (A) : Rs 800.