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  1. If the difference between S.I. and C.I. for 2 years on a sum of money lent at 5% is ₹ 6, then
    the sum is
    1. ₹ 2200
    2. ₹ 2400
    3. ₹ 2600
    4. ₹ 2000
Correct Option: B

Here , Difference = C.I. - S.I. = ₹ 6 , Time = 2 years , Rate = 5%
We know that ,

Difference =
Pr2
10000

⇒ 6 =
P × 5 × 5
10000

⇒  P = 6 × 400 = ₹ 2400



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