Question

The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of three-fifths of a certain sum at 10% p.a., is:

Q: Answer-The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in...

Let the certain sum be P SI PRT100 3P5 P X 10 X T100 3P5 10T100 T 6 years Now, calculate the SI for 16,000 at 14 p.a. for 6 years SI 16000 X 14 X 6100 Rs 13440

A ₹13,440

B ₹12,970

C ₹15,360

D ₹14,280

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The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of three-fifths of a certain sum at 10% p.a., is:

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