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The difference b/w S.I. % T.D. on a cert...

The difference b/w S.I. % T.D. on a certain sum of money for 6 months at `12(1)/(2)%` per annum is Rs 25 find the sum due??

A

Rs 7500

B

Rs 7000

C

Rs 6800

D

Rs 8500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will find the sum due based on the given information about Simple Interest (SI) and True Discount (TD). ### Step 1: Understand the Problem We are given that the difference between Simple Interest (SI) and True Discount (TD) on a certain sum of money for 6 months at an interest rate of 12.5% per annum is Rs 25. We need to find the sum due (let's denote it as \( x \)). **Hint:** Identify the key terms: SI, TD, sum due, and the interest rate. ### Step 2: Convert the Interest Rate and Time The interest rate is given as \( 12.5\% \) per annum, which can be expressed as \( \frac{25}{2}\% \). The time period of 6 months can be converted to years, which is \( \frac{1}{2} \) years. **Hint:** Remember to convert the time period into years when dealing with annual interest rates. ### Step 3: Calculate True Discount (TD) The formula for True Discount (TD) is given by: \[ TD = \frac{x \cdot r \cdot t}{100 + r \cdot t} \] Where: - \( x \) = sum due - \( r \) = rate of interest = \( \frac{25}{2} \) - \( t \) = time in years = \( \frac{1}{2} \) Substituting the values: \[ TD = \frac{x \cdot \frac{25}{2} \cdot \frac{1}{2}}{100 + \frac{25}{2} \cdot \frac{1}{2}} = \frac{x \cdot \frac{25}{4}}{100 + \frac{25}{4}} = \frac{x \cdot \frac{25}{4}}{\frac{400 + 25}{4}} = \frac{25x}{425} = \frac{x}{17} \] **Hint:** Make sure to simplify the fraction correctly when substituting values. ### Step 4: Calculate Simple Interest (SI) The formula for Simple Interest (SI) is given by: \[ SI = \frac{x \cdot r \cdot t}{100} \] Substituting the values: \[ SI = \frac{x \cdot \frac{25}{2} \cdot \frac{1}{2}}{100} = \frac{x \cdot \frac{25}{4}}{100} = \frac{25x}{400} = \frac{x}{16} \] **Hint:** Ensure to follow the correct formula for SI and simplify it. ### Step 5: Set Up the Equation for the Difference According to the problem, the difference between SI and TD is Rs 25: \[ SI - TD = 25 \] Substituting the expressions for SI and TD: \[ \frac{x}{16} - \frac{x}{17} = 25 \] **Hint:** Set up the equation carefully, ensuring you have the correct expressions for SI and TD. ### Step 6: Solve the Equation To solve the equation, find a common denominator (which is 272): \[ \frac{17x - 16x}{272} = 25 \] This simplifies to: \[ \frac{x}{272} = 25 \] Multiplying both sides by 272 gives: \[ x = 25 \times 272 = 6800 \] **Hint:** When solving for \( x \), ensure you multiply correctly to isolate \( x \). ### Conclusion The sum due is Rs 6800. **Final Answer:** The sum due is Rs 6800.
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