Home » Aptitude » Simple interest » Question
  1. If ₹ 5600 amounts to ₹ 6678 in 3
    1
    Years. what will ₹ 9600 amount
    2
    to in 5
    1
    Years. at the same rate of interest ?
    4

    1. ₹ 12732
    2. ₹ 12372
    3. ₹ 12722
    4. ₹ 12237
Correct Option: B

Simple Interest = Amount - Principal = ₹ (6678 – 5600) = ₹ 1078
We know that ,

Rate =
SI × 100
Principal × Time

Rate =
1078 × 100 ×2
5600 × 7

Rate = 5
1
% per annum
2

∴ S.I. on 9600 for 5
1
years
4

SI = ₹
9600
×
21
×
11
= ₹ 2772
10042

∴ Amount = ₹ (9600 + 2772) = ₹ 12372



Your comments will be displayed only after manual approval.