The simple interest on a certain sum of money for 2 l/2 years at 12% per annum is Rs. 40 less than the simple interest on the same sum for 3 Ã‚Â½ years at 10% per annum. Find the sum.

The simple interest on a certain sum of money for 2 l/2 years at 12

1.	The simple interest on a certain sum of money for 2 l/2 years at 12% per annum is Rs. 40 less than the simple interest on the same sum for 3 Ã‚Â½ years at 10% per annum. Find the sum.
A.	800
B.	850
C.	900
D.	950
Answer» B. 850

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The simple interest on a certain sum of money for 2 l/2 years at 12% per annum is Rs. 40 less than the simple interest on the same sum for 3 Ã‚Â½ years at 10% per annum. Find the sum.

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