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      Question

      Simple interest received at the rate of 15% p.a. for 2

      years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 years on the principal amount of Rs. β€˜X’. Find the value of β€˜X’.
      A 2200 Correct Answer Incorrect Answer
      B 2150 Correct Answer Incorrect Answer
      C 2250 Correct Answer Incorrect Answer
      D 2750 Correct Answer Incorrect Answer

      Solution

      According to the question, (9000 Γ— 0.15 Γ— 2) = 2 Γ— (X Γ— 0.10 Γ— 6) Or, 2700 = 1.2X Or, X = 2700/1.2 = 2250

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