Mathematics · Simple Interest
For a certain sum, the amount received after 2 years at 18% p.a. simple interest is Rs. 1,100 less than the simple interest on the same sum for 10 years at the same rate. The sum (in Rs.) is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,200
- 2Rs. 2,500✓
- 3Rs. 2,300
- 4Rs. 2,400
Correct answer
Rs. 2,500
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