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    Question

    A principal of Rs. 7,500 earns Rs. 1,125 as simple

    interest in 3 years. What will be the simple interest on Rs. 9,000 for 5 years at the same rate?
    A Rs.1,200 Correct Answer Incorrect Answer
    B Rs.4,800 Correct Answer Incorrect Answer
    C Rs.2,250 Correct Answer Incorrect Answer
    D Rs.2,630 Correct Answer Incorrect Answer

    Solution

    Let the rate of interest be 'R%' p.a. ATQ, 7500 ├Ч (R/100) ├Ч 3 = 1125 тЗТ R = 1125 ├╖ 225 = 5 Now, required interest = 9000 ├Ч (5/100) ├Ч 5 = 9000 ├Ч 0.25 = Rs. 2,250

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