Q. Find the sum invested if the difference between SI and CI on the sum at 12% per annum is Rs. 90 for 2 years.

7200

No worries! We‘ve got your back. Try BYJU‘S free classes today!

6400

No worries! We‘ve got your back. Try BYJU‘S free classes today!

8000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

6250

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D 6250
Difference between SI and CI for 2 years is Pr2(r being R/100)
$90 = P \times .122 = .0144 \times P \Rightarrow P = \frac{90}{.0144} = 6250$

Suggest Corrections

Similar questions

3

10

15.50

Find the sum invested if the difference between S.I. and C.I. on a sum for 2 years at $8 %$ per annum is ₹ 480

C I

S I

5

240

2

7.5 %

360

Join BYJU'S Learning Program