Q187
Simple interest on a certain sum one-fourth of the sum and the interest rate percentage per annum is 4 times the numbers of years. If the rate of interest increases by 2%, then what will be the simple interest (in Rs.) on Rs. 5,000 for 3 years?
A.
300
B.
1,500
C.
2,000
D.
1,800
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
\frac{1}{4}\begin{array}{*{20}{c}}
{\,\,\,\, \leftarrow {\text{S}}{\text{.I}}{\text{.}}} \\
{ \leftarrow P}
\end{array}