Question

A sum of money lent out at simple interest amounts to

Q: Answer-A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a fu...

Principal SI for 2 years Rs. 620 ------ i Principal SI for 6 years Rs. 1220 ------ ii Subtracting equation i from ii, we get gt S.I. for 4 years 1220 ndash 620 Rs. 600 there4 S.I. for 2 years 600 times 24 Rs. 300 there4 Principal 620 ndash 300 Rs. 320

Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:

A Rs.280

B Rs.350

C Rs.260

D Rs.320

E Rs.330

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