Question

A sum was put at simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched rs. 112 more. The sum is : select one:



a. 1400



b. 1120



c. 1200



d. 8000

Answer 1

Answer:

(a)

Step-by-step explanation:

PR2/100 +112 = P2(R+4)/100

2PR/100 +112=2PR/100 +4×2P/100

112=8P/100

P=112×100/8

P=1400

I hope it may helpful