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A sum, when invested at 12.5% simple interest per annum, amounts to 8,250 after 2 years. What is the simple interest?

A₹1,820

B₹1,650

C₹1,910

D₹1,700

Answer:

B. ₹1,650

Read Explanation:

P+SI=8250P+SI=8250

SI=P×12.5×2100SI=\frac{P\times 12.5\times 2}{100}

SI=25P100=P4SI=\frac{25P}{100}=\frac{P}{4}

PP4=8250P-\frac P4=8250

3P4=8250\frac{3P}{4}=8250

P=4×82503=1650P=\frac{4\times 8250}{3}=1650


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