In simple interest what sum amounts of Rs 1088 in 6 years and Rs 1184 in 8…

2024

In simple interest what sum amounts of Rs 1088 in 6 years and Rs 1184 in 8 years ?

  1. A.

    Rs 600

  2. B.

    Rs 800

  3. C.

    Rs 750

  4. D.

    Rs 900

Attempted by 26 students.

Show answer & explanation

Correct answer: B

Answer: Rs 800

Key idea: The difference between the two given amounts for 8 years and 6 years gives the simple interest for 2 years.

Compute the annual simple interest:

  1. Difference for 2 years = 1184 - 1088 = 96, so simple interest for 1 year = 96/2 = 48.

  2. Let the principal be x. Amount after 6 years = x + 6×(annual interest) = x + 6×48.

  3. Set this equal to the given amount after 6 years: x + 6×48 = 1088 ⇒ x + 288 = 1088 ⇒ x = 1088 - 288 = 800.

Verification: Amount after 8 years = 800 + 8×48 = 800 + 384 = 1184, which matches the given value.

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