1. The difference between simple interest on a certain sum at the rate of 8% per annum for 18 months and 24 months is Rs 452. What is the sum (in Rs)?
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By: anil on 05 May 2019 02.04 am
Let the sum be = Rs. $$100x$$ Rate of interest = 8% => Simple interest = $$frac{P imes R imes T}{100}$$ According to ques, => $$(frac{100x imes8 imes2}{100})-(frac{100x imes8 imes1.5}{100})=452$$ => $$16x-12x=452$$ => $$x=frac{452}{4}=113$$ $$ herefore$$ Sum = $$100 imes113=Rs.$$ $$11,300$$ => Ans - (C)
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