Source: Previous Question Papers

Ramesh and Sudha deposited same amount at two different places. Ramesh got interest at 8 p.c.p.a. and Sudha got interest at 7.5 p.c.p.a. If Ramesh has got Rs. 500 more than Sudha, then find the amount that Ramesh had deposited.

Options

Option A is correct

Rs. 100000

Option B

Rs. 50000

Option C

Rs. 7500

Option D

Rs. 150000