A sum at simple interests at 13 ½ % per year amounts to Rs.2502.50 after 4 years find the sum. Options
A) 1265
B) 1256
C) 1562
D) 1526
E) 1625
Let sum be Rs. x then , S.I.=Rs.(x*(27/2) *4*(1/100) ) = Rs.27x/50   therefore, amount = (Rs. x+(27x/50)) = Rs.77x/50   therefore, 77x/50 = 2502.50   = x = 2502.50 * 50/77= 
<gadget id="calculator">2502.50 * 50/77</gadget>
<output>1_625</output>
1625   Hence , sum= Rs.1625.   Answer is 1625.
<result>E</result>
A sum at simple interests at 13 ½ % per year amounts to Rs.2502.50 after 4 years find the sum.