Question

A certain sum of money lent out at S.l. 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

Answer: (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 $=Rs.(6900-900)=Rs.6000$