Question

A certain amount triples in 10 years under simple interest at a r% per annum. If Rs.12,000 is invested at (r + 2)% simple interest per annum, then find the interest earned after 5 years.

A Rs. 8,400
B Rs. 9,600
C Rs. 7,200
D Rs. 6,000
E None of these
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query