Simple interest on a certain sum of money for 3 years at 14% per annum is half the compound interest on Rs. 10000 for 2 years at 10% per annum. The sum placed on simple interest is
Sum for compound interest = Rs. 10000
Rate of interest = 10% and time period = 2 years
Compound interest = $$P [(1 + \frac{R}{100})^T - 1]$$
= $$10000 [(1 + \frac{10}{100})^2 - 1]$$
= $$10000 [(\frac{11}{10})^2 - 1] = 10000 (\frac{121 - 100}{100})$$
= $$100 \times 21 = $$Rs. $$2100$$
=> Simple interest = $$\frac{2100}{2} = Rs. 1050$$
Let sum under simple interest = $$Rs. x$$
Rate of interest = 14% and time period = 3 years
Simple interest = $$\frac{P \times R \times T}{100}$$
= $$\frac{x \times 14 \times 3}{100} = 1050$$
=> $$x = \frac{1050 \times 100}{42} = 100 \times 25 = Rs. 2500$$
=> Ans - (D)
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