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      Question

      Rs. 15,000 invested at simple interest of 7% p.a. yields

      the same interest after 4 years as Rs. 25,000 when invested at simple interest of 'y%' p.a. yields after 3 years. Find the value of 'y'.
      A 1.5 Correct Answer Incorrect Answer
      B 7.7 Correct Answer Incorrect Answer
      C 5.6 Correct Answer Incorrect Answer
      D 12.5 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Simple interest earned on investing Rs. 15,000: ATQ,

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