The SI on certain sum of money for 15 months at rate of 7.5%

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47

M: +1.00/-0.25

The SI on certain sum of money for 15 months at rate of 7.5% per annum exceed the SI on same sum at 12.5% per annum for 8 months by Rs. 3,250/-, find the sum.

[SBI Clerk 27 may2016]

A Rs. 1,60,000/-

B Rs. 20,000/-

C Rs. 1,70,000/-

D Rs. 18,000/-

E Rs. 3,12,000/-