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Question

A certain sum amount to 1725 at 15 % per annum at simple interest and 1800 in the same time at 20 % per annum at simple interest. Find the sum.

A
1700
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B
1500
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C
1650
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D
1200
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Solution

The correct option is B 1700
A=P(1+RT100)
1725=P(1+15T100)1800=P(1+20T100)
1725P=1+3T201800P=1+4T20
Dividing both equations, we get
1+3T201+4T20=17251800=6972=2324
20+3T20+4T=2324120+3T20+4T=12324=124
T20+4T=12424T=4T+20T=1
1800P=1+420=1+15=65
P=1800×56=1500

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