What is the correct answer?
4
A. 5400
B. 6400
C. 7400
D. 8767
S.I on rs.7350 for 1 year=rs.(8575-7350)=rs.1225.
Rate=(100*1225/7350*1)%=16 2/3%
Let the sum be rs.x.then,
X(1+50/3*100)2=7350
X*7/6*7/6=7350
X=(7350*36/49)=5400.
Sum=rs.5400.