Mathematics · Simple Interest
A principal invested at 7.4% per annum simple interest for 3 years is ₹1,400 more than the simple interest on the same principal at the same rate for 15 years. What will be the simple interest (in ₹) on the same principal at the same rate in 5 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹4,588
- 2₹4,625✓
- 3₹4,440
- 4₹4,514
Correct answer
₹4,625
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