📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      A certain amount earns simple interest of Rs. 1600 after

      4 years. Had the interest been 6% more, how much more interest would it have earned?
      A Rs. 150 Correct Answer Incorrect Answer
      B Rs. 144 Correct Answer Incorrect Answer
      C Rs. 136 Correct Answer Incorrect Answer
      D Cannot be determined Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      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.

      Practice Next
      ask-question