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The simple interest on a certain sum for 25 years at 12 per cent per annum is 300 less than the simple interest on the same sum for 4.5

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The simple interest on a certain sum for 25 years at 12 per cent per annum is 300 less than the simple interest on the same sum for 4.5

Question

The simple interest on a certain sum for 25 years at 12 per cent per annum is 300 less than the simple interest on the same sum for 4.5 years at 8 per cent per annum Find the sumâ€‹

## Answers ( )

Answer:5.5 per cent annum is the condition