Mathematics · Interest
A invests ₹X at a rate of 20% p.a. compound interest annually for 2 years and receives ₹1698.40 as interest. If he invests ₹(X + 500) at a rate of 23% simple interest for 3.5 years, find the simple interest received by him.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹3964.80
- 2₹3509.80✓
- 3₹3254.80
- 4₹3658.80
Correct answer
₹3509.80
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
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest