Question

    Simple interest earned on an amount of Rs. 2500 at rate

    of R% per annum after 4 years is Rs. 150. Find the simple interest earned on an amount of Rs. 1200 at rate of (R + 6)% per annum after 3 years
    A Rs. 200 Correct Answer Incorrect Answer
    B Rs. 250 Correct Answer Incorrect Answer
    C Rs. 220 Correct Answer Incorrect Answer
    D Rs. 270 Correct Answer Incorrect Answer

    Solution

    According to question, 150 = 2500 × R% × 4 R = 1.5% Therefore, required interest = 1200 × (1.5 + 6)% × 3 = Rs. 270

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