Q.

A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sum
becomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find the
sum and the duration.

A. rs. 2000 and 20 years
B. rs. 1900 and 8.25 years
C. rs. 1500 and 7 years
D. rs. 1800 and 5.5 years
Answer» D. rs. 1800 and 5.5 years
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