Question

The simple interest on a certain sum at 5% per annum for 3 years and for years differ by ₹ 42. Find the sum .

Answer 1

ANSWER :

Rs.840

Description for Correct answer:

Note=SI for every year will be same.

∴Simple interest for 3 years=3×5=15%

Simple interest for 4 years=4×5=20%

Difference in interest

=(20−15)=5%

According to question,

5% of sum=42

Sum=425×100=Rs.840

Answer 2

Step-by-step explanation:

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