The difference between the SI and CI on a certain sum for 3 yr at 4% per annum is Rs 76. Find the sum.
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Answer:
X×3×4/100-X×104/100×104/100×104/100-X =76
3X/25-X×26/25×26/25×26/25-X =76
3X/25- 17576X/15625-X=76
3X/25-17576X-15625X/15625 =76
3X/25 - 1951X/15625 = 76
1875X-1951X/15625=76
76X=76×15625
X=76×15625/76
X= 15625Answer
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