Question

if the difference between the interest and the amount of discount on a certain sum of money for six months at 6% be Rs 2.25p. Find the sum​

Answer 1

Answer:

Rs. 2575

Step-by-step explanation:

Solution:

Amount = ( Difference * ( 100  + RT) * 100) /( RT)²

Difference= 2.25

R = 6 %

T = 1/2 Year  

Amount = [2.25 x (100 + 6 x 1/2) x 100] / [(6 x 1/2)²]

= (225 x 103) / 9

= 25 x 103

= 2575

the sum   = Rs. 2575

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