Question
Difference between CI and SI on a sum for 3 year at 20%
p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.Solution
Let sum = Rs. 250 C.I. for 3 year at 20% p.a. = 250 Γ (12/10)3 β 250 = 182 SI for 3 year at 20% p.a. = (250 Γ 3 Γ 20)/100 = 150 Difference = 182 β 150 = 32 Β => 32 ------ 176 β Sum = (176/32) Γ 250 = Rs.1375 Required Interest = (1375 Γ 2 Γ 10)/100 = Rs.275
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