The simple interest on a certain sum for 5years at 8%p.a. is Rs200less than the simple interest on the same sum for 3years and 4months at 18%p.a.find the sum.
Let the principal be Rs P.
R1=18%p.a.T1=3years4months=3412Y=313Y=103YR2=8%p.a.T2=5yearsDifferenceofSI=Rs200P×R1×T1100-P×R2×T2100=200P×18×10100×3-P×8×5100=20060P100-40P100=20020P100=200P=200×10020=Rs1000
Simple interest on a certain sum for 252years at 10%p.a.is Rs975more than the simple interest on the same sum for 312years at 8%p.a.find the sum and what will be the amount in 4years at 7%p.a.simple interest.