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      Question

      A sum of Rs. 6,000 earns Rs. 1,080 as simple interest in

      3 years. What will be the simple interest on Rs. 8,000 for 4 years at the same rate?
      A Rs.1,920 Correct Answer Incorrect Answer
      B Rs.4,800 Correct Answer Incorrect Answer
      C Rs.2,100 Correct Answer Incorrect Answer
      D Rs.2,630 Correct Answer Incorrect Answer

      Solution

      Let the rate of interest be 'R%' p.a. ATQ, 6000 × (R/100) × 3 = 1080 ⇒ R = 1080 ÷ 180 = 6 Now, required interest = 8000 × (6/100) × 4 = 8000 × 0.24 = Rs. 1,920

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