A certain sum (in ₹)is invested at simple interest at y% per annum for at $$3\frac{1}{2}$$ years. Had it been invested at (y + 4) % per annum at simple interest, it would have fetched ₹4,452 more as interest. What is the sum?
A sum be = $$Rs x$$
Given that , T = $$3\dfrac {1}{2} year =\dfrac {7}{2} year $$
R = $$y % per annual $$
formula Simple intrest = $$\dfrac{P R T}{100}$$ (where p is principle R = rate, and T = time )
Case (1) Simple intrest = $$ \dfrac {x \times y \times \dfrac {7}{2}} {100}$$
$$\Rightarrow \dfrac{7xy}{200} $$
case (2) given that P = $$x$$ , T=$$\dfrac{7}{2}$$ , R = $$(y + 4)$$ %
so Simple intrest = $$\dfrac {x \times (y+4) \times \dfrac{7}{2}}{100} $$
$$\Rightarrow \dfrac{7x \times (y+4)}{200} $$
According to question $$\dfrac {7x(y+4)}{200} - \dfrac{7xy}{200} = 4452 $$
$$\Rightarrow \dfrac {7xy}{200} +\dfrac{28x}{200} -\dfrac{7xy}{200} = 4452$$
$$\Rightarrow x = \dfrac{4452\times 200}{28} $$
$$\Rightarrow x = Rs 31800 $$ Ans
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