Mathematics · Simple Interest

The simple interest on a certain sum for 6 years at 4% p.a. is ₹7,500 less than the simple interest on the same sum for 11 years at the same rate. Find the sum.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

₹37,500

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The simple interest on a certain sum for 6 years at 4% p.a. is &#8377;7,500 less than the simple interest on the same sum for 11 years at the same rate. Find the sum.