Question

    The difference between the simple

    interest obtained on two principals for a period of 4 years at 5% p.a. rate of interest is Rs.800. If the sum of the two principals is Rs.25000, find the larger principal.
    A Rs.14550 Correct Answer Incorrect Answer
    B Rs.14000 Correct Answer Incorrect Answer
    C Rs.24500 Correct Answer Incorrect Answer
    D Rs.14500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the smaller principal be x. Then, larger principal = 25000 − x. According to the question,

    The smaller principal = Rs.10500. The larger principal = Rs.25000−10500=14500. The larger principal is Rs.14500.

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