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      Question

      Simple interest earned on an amount of Rs.1500 at rate

      of R% per annum after 3 years is Rs.225. Find the simple interest earned on an amount of Rs.1550 at rate of (R + 5)% per annum after 3 years.
      A Rs.488 Correct Answer Incorrect Answer
      B Rs.465 Correct Answer Incorrect Answer
      C Rs.452 Correct Answer Incorrect Answer
      D Rs.490 Correct Answer Incorrect Answer

      Solution

      According to question, => 225 = 1500 Γ— R% Γ— 3 => R = 225/45 = 5 Therefore, required interest = 1550 Γ— (5 + 5)% Γ— 3 = Rs.465

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