Answer-Sashi invested a certain amount of rupees ___ at simple interest for 3 years. If the interest rate h...

Question

Accepted Answer

Rate of interest more 5  T3 years  Final Rate of interest more  53 15  The interest receives more360015 100  Rs.540  This satisfies the above condition.  From option B  Rate of interest more 5  T3 years  Final Rate of interest more  53 15  The interest receives more  144015100  Rs.216  This does not satisfy the above condition.  From option C  Rate of interest more 5  T3 years  Final Rate of interest more  53 15  The interest receives more350015 100 Rs.525  This satisfies the above condition.  From option D  Rate of interest more 5  T3 years  Final Rate of interest more  53 15  The interest receives more240015 100 Rs.360  This does not satisfy the above condition.

Sashi invested a certain amount of rupees _ at simple interest for 3 years. If the interest rate had been 5% higher, the investment would have earned Rs._ more

Detailed Solution

More Previous year papers Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login

Sashi invested a certain amount of rupees ___ at simple interest for 3 years. If the interest rate had been 5% higher, the investment would have earned Rs.___ more