Question

A certain amount earns simple interest of Rs. 1520 after 5 years. Had the interest been 6% more, how much more interest would it have earned?

Q: A certain amount earns simple interest of Rs. 1520 after 5 years. Had the interest been 6% more, how

When we solve this question, we find that we have two variables P (Principal) and R (Initial assumed rate of interest) in the R.H.S. of the SI equation. Therefore, the correct answer can't be determined.

A Rs. 128

B Rs. 144

C Rs. 136

D Cannot be determined

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Question

A certain amount earns simple interest of Rs. 1520 after 5 years. Had the interest been 6% more, how much more interest would it have earned?

Solution

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