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A sum yields 54 rupees more interest when lent at 37% per annum simple interest than when let at 33% per annum simple interest in six years. What is the sum.?
1. 236
2. 225
3. 351
4. 254

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Correct Answer - Option 2 : 225

Given:

The rate of interest 37% and 33% respectively.

Calculation:

Let the sum be y

⇒ (37 × 6 × y)/100 - (y × 33 × 6)/100 = 54

⇒ (y × 4 × 6)/100 = 54

⇒ y = 225

∴ The required result will be 225.

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