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    The difference between the Simple Interest on some principal at 8% for 8 months and 6% for 14 months is Rs.200. What is the principal?
    Question

    The difference between the Simple Interest on some principal at 8% for 8 months and 6% for 14 months is Rs.200. What is the principal?

    A.

    Rs.12000

    B.

    Rs.24000

    C.

    Rs.14400

    D.

    Rs.12800

    Correct option is A

    Given:
    Interest rates: 8% for 8 months and 6% for 14 months.
    Difference in simple interest = Rs. 200.
    Formula Used:
    The formula for simple interest (SI) is:
    SI=P×R×T100\text{SI} = \frac{P \times R \times T}{100}​​
    where:
    P is the principal,
    R is the rate of interest per annum,
    T is the time in years.
    Solution:
    The difference between the two simple interests is:

    SI1SI2=200\text{SI}_1 - \text{SI}_2 = 200​​

    P×6×1412100P×8×812100=200\frac{P \times 6 \times \frac{14}{12}}{100}-\frac{P \times 8 \times \frac{8}{12}}{100} = 200​​

    P×841200P×641200=200\frac{P \times 84}{1200} - \frac{P \times 64}{1200} = 200​​

    P(8464)1200=200\frac{P(84 - 64)}{1200} = 200​​

    P×(20)1200=200\frac{P \times (20)}{1200} = 200​​

    P×(160)=200P \times (\frac{1}{60}) = 200​​

    P=200×(60)=12000P = 200 \times (60) = 12000​​

    Thus, the principal is Rs.12,000.

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