A sum of money lent out at S.I. amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is? Choose the correct choice from the following answers:  A) 600  B) 288  C) 2768  D) 287  E) 191
S.I for 5 years = (1020 - 720) = Rs. 300.   S.I. for 2 years = 300/5 * 2 = Rs. 120.   Principal = (720 - 120) = Rs. 600.   600nswer: 600
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A sum of money lent out at S.I. amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is?