The simple interest on a certain sum of money for 3 year at 8% per annum is half the compounded interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is: - Study24x7
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Banking 2020
120 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

The simple interest on a certain sum of money for 3 year at 8% per annum is half the compounded interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

A

Rs.1550

B

Rs. 1650

C

Rs. 1750

D

Rs. 2000

Banking
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