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If the difference between CI and SI on a certain sum at r% per annum for 3 years is Rs x, find the expression for the principal sum. If the difference between CI and SI on a certain sum at 4% for 3 years is Rs. 608. Find the sum.
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- ₹ 125000
- ₹ 120000
- ₹ 130000
- ₹ 122250
Correct Option: A
Let the sum be ₹ P and rate = r%
Here , t = 3 years
SI = | = | ||
100 | 100 |
C.I. = P | ![]() | ![]() | 1 + | ![]() | 3 | − 1 | ![]() | |
100 |
CI = P | ![]() | 1 + | + | + | − 1 | ![]() | |||
1003 | 1002 | 100 |
CI = P | ![]() | + | + | ![]() | |||
1003 | 1002 | 100 |
⇒ CI – SI ( D ) = P | ![]() | + | + | ![]() | − | ||||
1003 | 1002 | 100 | 100 |
D = P | ![]() | + | ![]() | ||
1003 | 1002 |
D = P | ![]() | ![]() | [r + 300] | ||
1003 |
P = | |
r2(r + 300) |
Given Here, D = ₹ 608 and r = 4% per annum
P = | |
4 × 4 × (4 + 300) |
P = Rs. 1,25,000.