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The interest on a certain sum of money i...

The interest on a certain sum of money is Rs. 22 and the true discount on the same sum for the same time and at the same rate is Rs. 20. Find the sum.

A

Rs. 220

B

Rs. 200

C

Rs. 210

D

Rs. 212

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will use the relationship between Simple Interest (SI), True Discount (TD), and the Sum (Principal, P). ### Step 1: Understand the given information - Simple Interest (SI) = Rs. 22 - True Discount (TD) = Rs. 20 ### Step 2: Use the formula for Sum (P) The formula relating the Sum (P), Simple Interest (SI), and True Discount (TD) is: \[ P = \frac{SI \times TD}{SI - TD} \] ### Step 3: Substitute the values into the formula Now, we will substitute the values of SI and TD into the formula: - SI = 22 - TD = 20 So, we have: \[ P = \frac{22 \times 20}{22 - 20} \] ### Step 4: Calculate the denominator First, calculate the denominator: \[ 22 - 20 = 2 \] ### Step 5: Calculate the numerator Now calculate the numerator: \[ 22 \times 20 = 440 \] ### Step 6: Divide the numerator by the denominator Now, divide the numerator by the denominator to find the sum: \[ P = \frac{440}{2} = 220 \] ### Step 7: Conclusion Thus, the sum (Principal) is Rs. 220. ### Final Answer: The sum is Rs. 220. ---
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