Arithmetichard · Past Paper

If the SI on a certain sum of money for 3 years at 8% p.a. is half the CI on Rs. 4000 for 2 years at 10% p.a., find the sum.

ARs. 1500
BRs. 1750
CRs. 2000
DRs. 1800

✓ Correct Answer: BRs. 1750

CI = 4000(1.21-1) = 840. Half CI = 420. 420 = (P * 3 * 8)/100 => P = 42000/24 = 1750.

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