Multiple choice

Two equal sums were borrowed at 8% simple interest per annum for 2 years and 3 years, respectively. The difference in the interests was Rs.3080. The sum borrowed were - दो बराबर धनराशि क्रमशः 2 वर्ष और 3 वर्ष के लिए प्रति वर्ष 8% साधारण ब्याज की दर पर उधार ली गई थी। ब्याजों में अंतर 3080 रुपये था। उधार ली गई राशियां थीं

  1. Rs.37950 37950 रु.

  2. Rs.38500 38500 रु.

  3. Rs.40700

  4. 42900 रु.

  5. None of these इनमें से कोई नहीं

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let the sum borrowed be P. Simple interest for 2 years = P × 8% × 2 = 0.16P. Simple interest for 3 years = P × 8% × 3 = 0.24P. The difference is 0.08P = 3080, so P = 3080 / 0.08 = 38500. The sum borrowed was Rs 38500.