📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      A certain sum amounts to ₹22,494 in 7 years at x% per

      annum on simple interest. If the rate of simple interest per annum had been (x + 4) %, the amount payable after 7 years would have been ₹25,9120. Find the sum invested.
      A 12126 Correct Answer Incorrect Answer
      B 12535 Correct Answer Incorrect Answer
      C 10235 Correct Answer Incorrect Answer
      D 12235 Correct Answer Incorrect Answer

      Solution

      Rate of interest per annum in 1st case =x% Rate of interest per annum in 2nd case =(x+4)            Let the Sum =100y. ATQ- 100y+6xy+28y=25920 128y+6xy =25920…put the value of eq (1) 128y+22494-100y=25920 28y=3426 Y=122.35 Total Sum =100×122.35 =12235.

      Practice Next
      More Simple and compound interest Questions

      Relevant for Exams:

      ask-question