A sum of money at Simple Interest amounts to Rs.2800 in 2 years and Rs.3250 in 5 years. Find the sum and the rate of interest.

A sum of money at Simple Interest amounts to Rs.2800 in 2 years and Rs

1.	A sum of money at Simple Interest amounts to Rs.2800 in 2 years and Rs.3250 in 5 years. Find the sum and the rate of interest.
A.	Rs.3000 and 15%
B.	Rs.2000 and 5%
C.	Rs.2500 and 6%
D.	Rs.1000 and 10%
Answer» D. Rs.1000 and 10%

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A sum of money at Simple Interest amounts to Rs.2800 in 2 years and Rs.3250 in 5 years. Find the sum and the rate of interest.

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