Mathematics · Simple Interest
A certain principal amount under simple interest becomes Rs. 10,000 in 2 years, and the same principal amount under the same rate of simple interest becomes Rs. 11,000 in 3 years. Find the principal and the rate of interest.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 8,000 and 12.5%✓
- 2Rs. 9,000 and 13%
- 3Rs. 8,500 and 13.5%
- 4Rs. 9,200 and 14%
Correct answer
Rs. 8,000 and 12.5%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Mathematics?
Practice full-length Mathematics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Simple Interest MCQs →Want more practice questions on Simple Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple Interest