Question

A certain sum of money lent out at S.I. amounts to Rs. 6900 in 3 years and Rs. 7500 in 5 years. The sum lent is

• A. Rs. 4000
• B. Rs. 4500
• C. Rs. 5000
• D. Rs. 6000

Answer 1

The correct option is D Rs. 6000

S.I. for 2 years $=(7500-6900)=Rs.600$
S.I. for 3 years $=Rs.(\frac{600}{2}\times 3)$
$=Rs.900$
$\therefore$ Principal $=Rs.(6900-900)$
$=Rs.6000$