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The S.I on a sum for the period of 2 yea...

The S.I on a sum for the period of 2 years at 8 % P.a is ₹225 less than the C.I. on the same sum for the period of 2 years at 10% P.a. Findthe sum

A

₹3,200

B

₹4,200

C

₹4,000

D

₹4500

Text Solution

AI Generated Solution

To solve the problem step by step, we will use the formulas for Simple Interest (SI) and Compound Interest (CI) and set up an equation based on the information given in the question. ### Step-by-Step Solution: 1. **Understand the Given Information:** - Simple Interest (SI) for 2 years at 8% per annum is ₹225 less than Compound Interest (CI) for the same sum at 10% per annum. 2. **Formulate the Relationship:** ...
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