In simple interest what sum amounts of rs 1120

Asked by admin @ 20/08/2021 in Math viewed by 365 People

In simple interest what sum amounts of Rs.1120/- in 4 years and Rs.1200/- in 5 years ?

(a) Rs. 500
(b) Rs. 600
(c) Rs. 800
(d) Rs. 900

Answered by admin @ 20/08/2021

Hey!!

We have interest for fifth year as 1200 – 1120

= Rs. 80

Since interest is same for all the years

Hence, we can say that interest for 4 years will be 80 × 4 = 320

Hence, amount at the starting of time = 1120 – 320.
____________

Hope it will helps you:-)

= Rs. 800 => Answer

Therefore the option (c) is the correct answer.

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