Question
The simple interest earned on a certain sum after 6
years at 17% p.a. is Rs. 10,200 more than the simple interest earned on the same sum after 3 years at same rate. Find the sum.Solution
Let the sum be Rs. 'P'. ATQ, (P x 17 x 6)/100 – (P x 17 x 3)/100 = 10200 Or, (P x 17 x 3)/100 = 10200 So, 'x' = 20000 So, the sum = Rs. 20,000
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