Question

    Simple interest earned on an amount of Rs. 1250 at rate

    of R% per annum after 4 years is Rs. 250. Find the simple interest earned on an amount of Rs. 1300 at rate of (R + 6)% per annum after 3 years
    A Rs. 429 Correct Answer Incorrect Answer
    B Rs. 439 Correct Answer Incorrect Answer
    C Rs. 449 Correct Answer Incorrect Answer
    D Rs. 479 Correct Answer Incorrect Answer

    Solution

    According to question, 250 = 1250 × R% × 4 R = 5% Therefore, required interest = 1300 × (5 + 6)% × 3 = Rs. 429

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