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    Question

    Simple interest earned on an amount of Rs. 2600 at rate

    of R% per annum after 4 years is Rs. 1300. Find the simple interest earned on an amount of Rs. 1200 at rate of (R + 6)% per annum after 3 years
    A Rs. 656 Correct Answer Incorrect Answer
    B Rs. 616 Correct Answer Incorrect Answer
    C Rs. 666 Correct Answer Incorrect Answer
    D Rs. 696 Correct Answer Incorrect Answer

    Solution

    According to question, 1300 = 2600 × R% × 4 R = 12.5% Therefore, required interest = 1200 × (12.5 + 6)% × 3 = Rs. 666

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