A money lender finds that due to a fall in the annual rate of interest from 8% to 7 3/4 % his yearly income diminishes by Rs. 62.50, his capital is?  Select:
A) 24,602
B) 25,000
C) 24,600
D) 24,628
E) 24,6012
Let the capital be Rs. x. Then,   (x * 8 * 1)/100 - (x * 31/4 * 1/100) = 62.50   32x - 31x = 6250 * 4   x = 25,000.   Answer: 25,000
<result>B</result>
A money lender finds that due to a fall in the annual rate of interest from 8% to 7 3/4 % his yearly income diminishes by Rs. 62.50, his capital is?