1.

1). Rs. 8542). Rs. 9973). Rs. 7754). Rs. 923

Answer»

Let the money LENT be Rs. X

Now,

Compound Interest = P (1 + R/100)n - P

And,

SIMPLE Interest = (P × r × n)/100

Where, P = Principal Amount

r = RATE of interest (per annum)

n = Number of years

Hence,

X × [1 + 12.5/100]4 - X = 1200

X = 1994

Now,

Simple Interest = (1994 × 12.5 × 4)/100 = 997



Discussion

No Comment Found

Related InterviewSolutions