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7. Comparing Quantities
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Q21 of 140 Page 196

The sum which will earn a simple interest of Rs 126 in 2 years at 14% per annum is

Given, Interest(I) = 126


Rate = 14%


Time = 2year


⇒ we know that Interest =


⇒ 126 =


⇒ 12600 = P × 14 × 2


⇒ P =


= 450


⇒ Option A is incorrect as 394 ≠ 450


⇒ Option B is incorrect as 395 ≠ 450


⇒ Option C is correct as 450 = 450


⇒ Option D is incorrect as 540 ≠ 450


Hence, C is the correct option

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Questions · 140
7. Comparing Quantities
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