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Some persons decide to raise Rs. 3 lakhs by equal
contribution from each of them. If they contributed Rs. 50
extra each, the contribution increased to Rs. 3.25 lakhs.
How many persons were there ?

(a) 400

(b) 500

(c) 600

(d) 700

(e) None of these

Answer Posted / samba

ans is 500.because
400*50=20,000
500*50=25,000
600*50=30,000
700*50=35,000
so here initially 3 lakhs.after they contribute 50 extra
then 25,000 thousand extra will come.so in the above
equation which one we get 25,000 i.e the answer.

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