Question

The simple interest on a certain sum of money for 3 years at 15% per annum is 125 rs less than the simple intereston the same sum for 5 years at 10% per annum. Find the sum

Answer 1

Answer:

The sum is Rs.2500

Step-by-step explanation:

Let the sum be x.

S.I at 15% = x × 15 × 3/100 = 45x/100

S.I at 10% = x × 10 × 5/100 = 50x/100

According to Question,

50x/100 - 45x/100 = Rs.125

5x/100 = Rs.125

x = Rs.2500