Simple Interest - Quantitative Aptitude (MCQ) questions for Q. 29192

Q.  If simple interest on a certain sum for 15 months at 7(1/2) % per annum exceeds the simple interest on the same sum for 8 months at 12(1/2)% per annum by Rs. 32.50, then the sum (in Rs.) is
- Published on 05 Apr 17

a. 312
b. 312.50
c. 3120
d. 3120.50

ANSWER: 3120
 
simple interest

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