Arithmetichard · Past Paper

If the SI on a sum for 2 years is Rs. 80 and the CI is Rs. 82, find the sum and rate.

ARs. 800, 5%
BRs. 1000, 4%
CRs. 1200, 3%
DRs. 500, 10%

✓ Correct Answer: ARs. 800, 5%

Diff = 2. Interest on 40 is 2. R = 5%. P = (40*100)/(1*5) = 800.

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