A sum of money at simple interest amounts to Rs. 2240 in 2 years and Rs. 2600 in 5 years. The sum is?

Question

Accepted Answer

S.I for 3 years = Rs. (2600 - 2240) = Rs . 360 S.I for 2 years = Rs. (360/3 x 2) = Rs. 240 ∴ Required sum = Rs . (2240 - 240) = Rs. 2000

Discussion & Comments