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      Question

      The simple interest earned on 2,400 at a rate of 5% per

      annum for 3 years is RS x and RS 1,736 is the simple interest earned on RS 6,200 at a rate of 14% for years, then the value of (x Γ— y) is:
      A 480 Correct Answer Incorrect Answer
      B 540 Correct Answer Incorrect Answer
      C 720 Correct Answer Incorrect Answer
      D 360 Correct Answer Incorrect Answer

      Solution

      X = (2400Γ—5Γ—3)/100 X =360 Now – 1736 =(6200Γ—14Γ—y)/100 Y = 2 Value of x Γ— y = 360Γ—2=720

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