The difference between 3 years and 5 years interest on a sum… | Applied Mathematics - Simple interest and bank – Math | Vijayee Scholarship App

Math

Applied Mathematics - Simple interest and bank

MCQ

The difference between 3 years and 5 years interest on a sum is 2000 rupees. The rate is 10%. How much principal?

A

Rs 8000

B

Rs 9000

C

Rs 10000

D

Rs 12000

Explanation

Interest for 2 years=2000 ⇒ 2000=(Principal ×10×2)/100 ⇒ Principal =10000.

Like 0 Correct 0 Wrong 0