the simple interest on a certain sum for 3 1/2 years ar7%per annum is rs.225 more than the simple interest on the same sum for 4 years at 5% per annum.find the sum
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Question :-
the simple interest on a certain sum for 3 1/2 years are 7%per annum is rs.225 more than the simple interest on the same sum for 4 years at 5% per annum.find the sum.
Solution :-
Let, the sum is x.
Case I :
Given that,
Now,
On substituting all values,
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Case II :
Given that,
On substituting all values in interest formula,
In the question this also given that,
- The simple interest for case I is $225 more than the simple interest for case II.
Now,
Hence,
- x = 5000
Then,
- Sum is Rs5000.
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The simple interest on a certain sum of money for 2 1/2 years at 12% per annum is 20 less than the simple interest on the same sum of 3 1/2 years at 10% per annum.Find the sum of.
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