If the interest on rupees 200 be rupees 25 in a certain time,what will be the interest on rupees 750 for the same time
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Since nothing is mentioned whether the question is of simple interest or compound interest, I would like to tell the approach in general and solve it via simple interest.
Simple Interest=p*r*t/100
Given 25=200*r*t/100
This gives r*t/100=25/200=1/8
Now for p=750
SI= p*r*t/100= 750*1/8
=Rs. 93.75
Simple Interest=p*r*t/100
Given 25=200*r*t/100
This gives r*t/100=25/200=1/8
Now for p=750
SI= p*r*t/100= 750*1/8
=Rs. 93.75
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