Mathematics · Simple Interest
A man initially invests ₹ 10,000 at 8% simple interest per annum for 3 years. After the first year, he invests an additional ₹ 5,000 at the same rate. Calculate the total interest earned on the entire investment by the end of 3 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 3,000
- 2₹ 3,200✓
- 3₹ 800
- 4₹ 2,400
Correct answer
₹ 3,200
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