HomeTestsSearchRankProfile
mediumMCQCompetitive Exam2026Quantitative Aptitude
1 mark

A certain sum, at a certain rate of simple interest, amounts to ₹ in years and ₹ in years. Find the amount (in ₹) of the initial sum (principal).

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Let the principal amount be and the simple interest per year be .According to the problem:


Subtracting Equation 1 from Equation 2:


Now substitute the value of back into Equation 1 to find :


Therefore, the initial principal sum is ₹.

Practice this question

Try it yourself before checking the explanation above.

A certain sum, at a certain rate of simple interest, amounts to ₹ in years and ₹ in years. Find the amount (in ₹) of the initial sum (principal).
A
B
C
D

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Quantitative Aptitude.

Discussion