Extra SI from a higher rate or longer time: the sum
This type of question, asked 2 times: 27 Jul 2023 S2, 18 Sep 2024 S1. All 2 questions below, oldest first.
Try each one first, then open its answer.
Question 1
27 Jul 2023 S2
51The simple interest on an amount for 6 years at p.a. is ₹7,500 less than the simple interest on the same amount for 11 years. Find the amount.Tap an option to check your answer.
Question 2
18 Sep 2024 S1
65A certain sum of money is given at a certain rate of simple interest for 6 years. Had it been given at 7% higher rate, it would have fetched ₹1,512 more. Find the sum (in ₹).Tap an option to check your answer.