Question

The simple intrest on a sum of money for 2 years at 8%p.a. is rs 120 less than the s.i. on the same sum for the 3 years at 12%.p.a. . Find the sum

Answer 1

He!
P for 8%
P=si×100/t×r
P=120×100/2×8
P=12000/16=₹750

P for 12%

P=120×100/3×12
P=12000/36=₹333.33