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    Question

    Simple interest on a certain sum at the rate of (50/3)%

    per annum for three years is Rs. 1250. Find the sum.
    A Rs. 3000 Correct Answer Incorrect Answer
    B Rs. 2500 Correct Answer Incorrect Answer
    C Rs. 2400 Correct Answer Incorrect Answer
    D Rs. 4000 Correct Answer Incorrect Answer
    E Rs. 5000 Correct Answer Incorrect Answer

    Solution

    Let the sum be Rs. P According to question, => 1250 = (P × 3 × 50)/( 100 × 3) => P = Rs.2500

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