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      Question

      Meena invested Rs. 10,500 at 30% p.a. for 2 years and

      Rs. 7,200 at 28% p.a. for 4 years on simple interest. How much interest did she receive in total?
      A Rs.19,480 Correct Answer Incorrect Answer
      B Rs.14,364 Correct Answer Incorrect Answer
      C Rs.12,160 Correct Answer Incorrect Answer
      D Rs.15,100 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Simple interest = Principal × rate × time ÷ 100

      So, required interest = 10,500 × 30 × 2 ÷ 100 + 7,200 × 28 × 4 ÷ 100= 6,300 + 8,064 = Rs. 14,364

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