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The interest on a certain sum of money is ₹22 and the true discount on the same sum for the same time and at the same rate is ₹20. Find the sum.
Question

The interest on a certain sum of money is ₹22 and the true discount on the same sum for the same time and at the same rate is ₹20. Find the sum.

A.

₹220

B.

₹200

C.

₹210

D.

₹212

Correct option is A

We are tasked to calculate the principal sum when the interest and true discount are given.

Step-by-Step Solution:

1. Given:

- Interest ( I ) = ₹22

- True Discount ( TD ) = ₹20

2. Key Formulae:

Relationship between Principal ( P ), Interest ( I ), and True Discount ( TD ):

P = I×TDITD\frac{I \times TD}{I - TD}

3. Substitute the values:

P = 22×202220\frac{22 \times 20}{22 - 20}

P = 4402\frac{440}{2}

P = 220

Final Answer:

220\boxed{₹220}

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