The difference between simple interest on a certain sum at the rate of 8\% per annum for 18 months and 24 months is Rs 452 . What is the sum (in Rs )? - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live

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The difference between simple interest on a certain sum at the rate of 8% per annum for 18 months and 24 months is Rs 452 . What is the sum (in Rs)?

Solution & Step-by-step Explanation

Let the principal sum be P .Rate of interest, R = 8% per annum.Time difference = 24 months - 18 months = 6 months = \frac{6}{12} year = \frac{1}{2} year .The difference in simple interest is given by: Δ SI = \frac{P \times R \times Δ T}{100} 452 = \frac{P \times 8 \times \frac{1}{2}}{100} 452 = \frac{4 P}{100} 4 P = 45200 P = 11300 Thus, the sum is Rs 11300 .

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The difference between simple interest on a certain sum at the rate of 8% per annum for 18 months and 24 months is Rs 452 . What is the sum (in Rs)?

10500

14600

11300

13600

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