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    • Question

      A sum of Rs. 3800 is invested at simple interest for 2

      years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the total interest received after 2 years.
      A Rs. 1184 Correct Answer Incorrect Answer
      B Rs. 1152 Correct Answer Incorrect Answer
      C Rs. 1216 Correct Answer Incorrect Answer
      D Rs. 1025 Correct Answer Incorrect Answer

      Solution

      Total interest received = {3800 × (12 + 20)}/100 = Rs. 1216

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