Compound Interest Practice Test 2

Question : 18 of 40

Marks: +1, -0

When a certain sum is invested at CI and SIat 12.5%, then the interest received is Rs 250 and RS 225 respectively. Find the sum invested for 2 years.

Solution:

Difference in CI and SI = Rs 25
Sum = Difference ×

(100/R)^2

=25×100/12.5×100/12.5=1200

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