3. The simple interest on a sum of money will be Rs. 250 after 6 yrs. In the
next 6 yrs. Principal is doubled. What will be the total interest at the end of
12 yrs.
(A) Rs. 250
(B) Rs. 500
(C) Rs. 750
(D) Rs. 1000
Answers
Answered by
0
Step-by-step explanation:
Let the original rate be R percent per year, the principal amount be P, time T
Given is SI = 600 = P * R * 10 / 100
Hence P*R = 6000
SI for first five years will be 300 at the end of first 5 years.
When P is trebled for next five years, the SI for those five years will be = 3P * R * 5 / 100 = [ 15* P * R ] /100 = [ 15 * 6000 ] / 100 = 900
Hence the total interest will be 300 + 900 = 1200
Answered by
1
Answer:
6 yrs -250
6 yrs - 500 (double)
total 12 yrs = 750
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