Mathematics · Simple Interest
A certain sum amounts to Rs. 12,456 in 31⁄2 years at 8.5% p.a. simple interest. What will be the simple interest on the same sum in 61⁄4 years at the same rate of interest?
- 1Rs. 5,240
- 2Rs. 3,060
- 3Rs. 5,046
- 4Rs. 5,100✓
Correct answer
Rs. 5,100
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