Question

Ankit invested a sum at a certain rate of interest on simple interest and he got 75% more amount after 6 years. If he invests Rs. 6000 at the same rate of interest on SI, then find the total interest he would get after 3 years?

A Rs 1920 Correct Answer Incorrect Answer
B Rs 3600 Correct Answer Incorrect Answer
C Rs 1600 Correct Answer Incorrect Answer
D Rs 3510 Correct Answer Incorrect Answer
E Rs 2250 Correct Answer Incorrect Answer

Solution

Let sum invested by Aman = 100x And amount he got = 175% of 100x = 175x Let rate of interest be ‘r’ % p.a. According to the question – (100x × r × 6)/100 = 175x – 100x R = 12.5% Required interest = Rs. (6000 × 12.5 × 3)/100 = Rs 2250

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