The difference between simple interest on a certain sum at the annual rate of 8 percent for 5 years and 6 years is Rs. 26. What is the sum?

1. A.₹360
2. B.₹325✓ Correct
3. C.₹290
4. D.₹240

More Simple Interest questions

• → In how many years will the simple interest on a sum of money be equal to the principle at rate of 12(2/4)% p.a…
• → Rohan invests a portion of a total sum of ₹P in scheme A for 4 years and the remaining amount in Scheme B for …
• → The simple interest on a sum for 8 years is (4/5) of the sum. The rate of interest per annum is: