Question
Simple interest earned on an amount of Rs. 2000 at rate
of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 1500 at rate of (R + 6)% per annum after 3 yearsSolution
According to question, 288 = 2000 × R% × 4 R = 3.6% Therefore, required interest = 1500 × (3.6 + 6)% × 3 = Rs. 432
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