Question

    Simple interest earned on an amount of Rs.1600 at rate

    of R% per annum after 4 years is Rs.256. Find the simple interest earned on an amount of Rs.1800 at rate of (R + 3)% per annum after 2 years.
    A Rs.288 Correct Answer Incorrect Answer
    B Rs.265 Correct Answer Incorrect Answer
    C Rs.252 Correct Answer Incorrect Answer
    D Rs.256 Correct Answer Incorrect Answer

    Solution

    According to question, => 256 = 1600 × R% × 4 => R = 256/64 = 4 Therefore, required interest = 1800 × (4 + 3)% × 2 = Rs.252

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