{"id":2065,"date":"2021-08-18T02:30:58","date_gmt":"2021-08-18T02:30:58","guid":{"rendered":"https:\/\/www.wikitechy.com\/interview-questions\/?p=2065"},"modified":"2021-09-06T05:36:10","modified_gmt":"2021-09-06T05:36:10","slug":"a-certain-sum-of-money-amounts-to-rs-2500-in-a-span-of-5-years-and-further-to-rs-3000-in-a-span-of-7-years-at-simple-interest-the-sum-is","status":"publish","type":"post","link":"https:\/\/www.wikitechy.com\/interview-questions\/simple-interest\/a-certain-sum-of-money-amounts-to-rs-2500-in-a-span-of-5-years-and-further-to-rs-3000-in-a-span-of-7-years-at-simple-interest-the-sum-is\/","title":{"rendered":"A Certain sum of money amounts to Rs 2500 in a span of 5 years and further to Rs.3000 in a span of 7 years at simple interest. The sum is ?"},"content":{"rendered":"
\n
\n

A Certain sum of money amounts to Rs 2500 in a span of 5 years and further to Rs.3000 in a span of 7 years at simple interest. The sum is_____<\/p>\n

\n
\n

A. 1200<\/p>\n<\/div>\n

\n

B. 1250<\/p>\n<\/div>\n

\n

C. 1050<\/p>\n<\/div>\n

\n

D. 1000<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Answer :\u00a0<\/b>B. 1250<\/h3>\n
\n

Explanation :<\/h2>\n<\/div>\n
\n
\n

As the rate of interest for both the cases are same
\nA1, A2 = Total Amounts , P = Principal Amount , T1, T2 = Time Period involved in years
\n(A1 \u2013 P) \/ T1 = (A2 \u2013 P) \/ T2
\n(2500 \u2013 P) \/ 5 = (3000 \u2013 P) \/ 7
\n17500 \u2013 7P = 15000 \u2013 5P
\nP = 1250<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Answer :\u00a0B. 1250<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13806],"tags":[13842,12082,13815,10954,10957,10956,10977,10972,10984,11000,13840,11005,10944,10945,10966,10942,10947,11012,11010,10985,10973,11014,10982,10998,10981,11015,12014,7386,10969,10960,10983,9747,10988,13838,13839,10995,10993,10971,11016,10970,11004,10987,10958,11003,10974,10940,10959,12002,9751,10980,10976,11002,10986,10994,10951,11009,10943,286,10946,13841,9385,10979,10992,10949,10989,10996,9391,11007,10965,10955,11011,10964,10961,13818,10997,10978,10963,10967,10990,13845,13844,13843,13821,13817,12125,13819,13833,13832,11006,10941,11001,10950,10991,10975,10952,10953,11008,10948,10999,11013,10962,15823,10968],"class_list":["post-2065","post","type-post","status-publish","format-standard","hentry","category-simple-interest","tag-a-certain-sum-of-money-amounts-to-2500","tag-a-certain-sum-of-money-amounts-to-rs-756-in-2-years","tag-a-certain-sum-of-money-at-simple-interest-amounts-to-rs-1260-in-2-years","tag-adani-enterpris-interview-questions-and-answers","tag-adani-green-energy-ltd-interview-questions-and-answers","tag-adani-ports-ltd-interview-questions-and-answers","tag-adani-total-gas-ltd-interview-questions-and-answers","tag-adani-transmission-ltd-interview-questions-and-answers","tag-ambuja-cements-interview-questions-and-answers","tag-apollo-hospital-interview-questions-and-answers","tag-at-what-rate-percent-per-annum-will-a-sum-of-money-double-itse","tag-aurobindo-pharm-interview-questions-and-answers","tag-avenue-supermarts-ltd-interview-questions-and-answers","tag-axis-bank-interview-questions-and-answers","tag-bajaj-auto-interview-questions-and-answers","tag-bajaj-finance-interview-questions-and-answers","tag-bajaj-finserv-ltd-interview-questions-and-answers","tag-balkrishna-industries-interview-questions-and-answers","tag-bandhan-bank-interview-questions-and-answers","tag-berger-paints-interview-questions-and-answers","tag-bharat-petroleum-corporation-ltd-interview-questions-and-answers","tag-biocon-interview-questions-and-answers","tag-britannia-industries-ltd-interview-questions-and-answers","tag-cadila-health-interview-questions-and-answers","tag-coal-india-ltd-interview-questions-and-answers","tag-colgate-interview-questions-and-answers","tag-compound-interest-tricks-for-ssc","tag-cts-interview-questions-and-answers","tag-dabur-india-ltd-interview-questions-and-answers","tag-divis-labs-interview-questions-and-answers","tag-dlf-interview-questions-and-answers","tag-dr-reddys-labs-interview-questions-and-answers","tag-eicher-motors-ltd-interview-questions-and-answers","tag-find-the-sum-of-money-that-amounts-to","tag-find-the-sum-of-money-that-amounts-to-992-in-4-years-at-per-annum","tag-gail-india-ltd-interview-questions-and-answers","tag-gland-pharma-ltd-interview-questions-and-answers","tag-godrej-consumer-products-ltd-interview-questions-and-answers","tag-godrej-properties-interview-questions-and-answers","tag-grasim-industries-ltd-interview-questions-and-answers","tag-gujarat-gas-ltd-interview-questions-and-answers","tag-havells-india-ltd-interview-questions-and-answers","tag-hdfc-life-insurance-company-ltd-interview-questions-and-answers","tag-hero-motocorp-interview-questions-and-answers","tag-hindalco-industries-ltd-interview-questions-and-answers","tag-hindustan-unilever-ltd-interview-questions-and-answers","tag-hindustan-zinc-ltd-interview-questions-and-answers","tag-how-to-solve-compound-interest-problems-quickly","tag-icici-lombard-interview-questions-and-answers","tag-icici-prudential-life-insurance-interview-questions-and-answers","tag-indian-oil-corporation-ltd-interview-questions-and-answers","tag-indus-towers-ltd-interview-questions-and-answers","tag-indusind-bank-interview-questions-and-answers","tag-interglobe-aviation-interview-questions-and-answers","tag-jsw-steel-interview-questions-and-answers","tag-jubilant-foodworks-ltd-interview-questions-and-answers","tag-kotak-mahindra-bank-interview-questions-and-answers","tag-lt-infotech-interview-questions-and-answers","tag-larsen-and-toubro-ltd-interview-questions-and-answers","tag-lf-in-8-years","tag-lupin-interview-questions-and-answers","tag-mm-interview-questions-and-answers","tag-marico-interview-questions-and-answers","tag-maruti-suzuki-interview-questions-and-answers","tag-motherson-sumi-systems-interview-questions-and-answers","tag-muthoot-finance-hdfc-amc-interview-questions-and-answers","tag-nestle-interview-questions-and-answers","tag-nmdc-ltd-interview-questions-and-answers","tag-ntpc-ltd-interview-questions-and-answers","tag-oil-and-natural-gas-corporation-interview-questions-and-answers","tag-pi-industries-ltd-interview-questions-and-answers","tag-pidilite-industries-interview-questions-and-answers","tag-power-grid-corporation-of-india-interview-questions-and-answers","tag-problems-on-simple-interest-and-compound-in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