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Friday, March 15, 2024

The simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs. 1,875. What would be the simple interest accrued on an amount of Rs. 6,875 at the same rate and same period ? "

The simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs. 1,875. What would be the simple interest accrued on an amount of Rs. 6,875 at the same rate and same period ?
ARs. 4,556.5
BRs. 5,025.25
CRs. 4,895.25
DNone of these

Correct answer is: None of these

Explanation:

SI on Rs.2500 for 6 years at a certain rate = Rs.1875

=> SI on Rs. 6875 for the same period at the same rate

\(\Large \frac{1875 \times 6875}{2500}\)

=Rs.2156.25

upendra
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