The true discount on a certain sum of money due after 2.5 years at 6% per annum is less than the simple interest on the same sum for the same time by Rs. 81. Find the sum?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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Req. amount = [81 x (100 + 6 x 5/2) x 100] / [(6 x 5/2)2] = (8100 x 115) / 225 = Rs. 4140 Here, S.I. - T.D. = Rs. 81
answered Sep 07, 2023 at 09:12

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