The simple interest accrued on a certain principal in 5 years at the…

Question

The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs.1536. what amount of simple interest would one get if one invests Rs.1000 more than the previous principal for 2 years and a…

Accepted Answer

Option E. None of these. Answer & Solution Answer: Option E Solution: & Sum = Rs . ( 100 × 153612 × 5 ) & = Rs . 2560 & Now, & P = Rs . ( 2560 + 1000 ) & \,\,\,\,\,\, = Rs . 3560 & T = 2years & R = 12\% & S.I. & = Rs . ( 3560 × 12 × 2100 ) & = Rs .\,854.40

The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs.1536. what amount of simple interest would one get if one invests Rs.1000 more than the previous principal for 2 years and at the same rate p.c.p.a. ?

Solution