Question

If the
the simple interest on a certain sum for 1st year is 200 ,then simple interest at the same rate for third year is

Answer 1

Answer:

600

Step-by-step explanation:

imagine that 'P' is principal sum and 'r' is rate of interest

in first case

P×r×1=200(time=1 year)

or, Pr=200

or, r=200/P

in second situation

P×r×3=P×200/P×3=600