A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is
the principal amount Choose one:
A) 1000
B) 1500
C) 2000
D) 2500
E) None of these
Explanation:   SI for 3 year = 2600-2240= 
<gadget id="calculator">2600-2240</gadget>
<output>360</output>
360   SI for 2 year 360/3 * 2= 
<gadget id="calculator">360/3 * 2</gadget>
<output>240</output>
240   principal= 2240 - 240= 
<gadget id="calculator">2240 - 240</gadget>
<output>2_000</output>
2000   Answer:2000
<result>C</result>
A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is
the principal amount