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  1. 4 years, ₹ 6000 amounts to ₹ 8,000. In what time at the same rate will ₹ 525 amount to 700 ?
    1. 5 years
    2. 3 years
    3. 4 years
    4. None of these
Correct Option: C

Case-I,
Simple Interest = 8000 – 6000 = Rs. 2000

Rate =
Simple Interest × 100
Principal × Time

Rate =
2000 × 100
=
25
%
6000 × 43

∴ Case-II,
Time =
Simple Interest × 100
Principal × Rate

Time =
175 × 100
= 4 Years.
525 ×
25
3



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