the simple interest on a certain sum of money at the given rate of interest is directly proportional to the time period the simple interest on a sum of money at the same rate for 2 years is Rs 150 what will be the interest on the same sum of with the same interest for 5 years
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Answer: Rs 375
Step-by-step explanation:
Simple interest is directly prortional to the time period
For 2 years interest=Rs150
For 1 year interest =Rs150/2=Rs75
Therefore for 5 years interest = 5*75
=Rs375
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