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Simple interest on a certain sum of money for 3 years at 18% per annum is half the compound interest on Rs. 9000 for 2 years at 10% per annum. The sum placed on simple interest is:

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Simple interest on a certain sum of money for 3 years at 18% per annum is half the compound interest on Rs. 9000 for 2 years at 10% per annum. The sum placed on simple interest is:
1). Rs 3500
2). Rs 875
3). Rs 1750
4). Rs 1400

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1 answers

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Answered by on | Votes 0 |
I think option 3 is the right answer

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