SOLUTION: If the simple interest on a certain sum for 15 months at 7.5% per annum exceeds the simple interest on the same sum for 8 months at 12.5% per annum by $32.50, then the sum in ($) i

Algebra ->  Finance -> SOLUTION: If the simple interest on a certain sum for 15 months at 7.5% per annum exceeds the simple interest on the same sum for 8 months at 12.5% per annum by $32.50, then the sum in ($) i      Log On


   



Question 979154: If the simple interest on a certain sum for 15 months at 7.5% per annum exceeds the simple interest on the same sum for 8 months at 12.5% per annum by $32.50, then the sum in ($) is :
Answer by anand429(138) About Me  (Show Source):