Mathematics · Simple Interest
A certain sum invested at a certain rate percent per annum at simple interest amounts to Rs. 16,160 in 3 1/2 years and to Rs. 20,000 in 7 1/2 years. What will be the simple interest on the same sum at double the initial rate in 2 3/5 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 4,992✓
- 2Rs. 5,070
- 3Rs. 4,680
- 4Rs. 4,875
Correct answer
Rs. 4,992
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