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      Question

      Simple interest earned on an amount of Rs.1200 at rate

      of R% per annum after 2 years is Rs.216. Find the simple interest earned on an amount of Rs.1400 at rate of (R + 4)% per annum after 3 years.
      A Rs.546 Correct Answer Incorrect Answer
      B Rs.530 Correct Answer Incorrect Answer
      C Rs.525 Correct Answer Incorrect Answer
      D Rs.542 Correct Answer Incorrect Answer

      Solution

      According to question, => 216 = 1200 Γ— R% Γ— 2 => R = 216/24 = 9 Therefore, required interest = 1400 Γ— (9 + 4)% Γ— 3 = Rs.546

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