Question

A sum at the same simple interest becomes amount to Rs. 457 in 5 years and Rs. 574 in 10 years. Find the value of the sum (in Rupees).

• A. 340
• B. 420
• C. 500
• D. 280

Answer 1

Answer:

A. 340

The amount after 5 years is 457 and after 10 years is 574 The simple interest in 5 years = 574 - 457 sum = 457 - 117 = 340