Question

Jaideep invested two equal sums at 12% simple

Q: Jaideep invested two equal sums at 12% simple interest p.a. for 8 years and 10 years respectively. I

spanLetPrincipalRsxspanT18yrsT210yrsandRate12paspanspanxxx10xx12100xxx8xx1210014688gt120x10096x10014688spanspanspanspanrArrspan24x100span14688spanthere4spanspanxRs61200

interest p.a. for 8 years and 10 years respectively. If the difference in interest earned is Rs.14,688. Find the sum invested by Jaideep?

A Rs. 61,200

B Rs. 61,500

C Rs. 62,900

D Rs. 62,300

E None of these

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Jaideep invested two equal sums at 12% simple

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