Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The
sum placed on simple interest is:
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The
sum placed on simple interest is: 1). Rs 14000 2). Rs 3500 3). Rs 7000 4). Rs 5600
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1 answers
Answered by
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2018-06-07 10:54:38 | Votes
4 |
#
Rs 7000 : option 3 is the correct answer
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