Multiple choice

If Rs. 5000 amounts to Rs. 5750 in three years, what will Rs. 6000 amounts to in 4 years at the same rate of simple interest? यदि 5000 रूपये धनराशि तीन वर्षों में 5750 रूपये हो जाती है तो 6000 रूपये की धनराशि 4 वर्षों में इसी समान साधारण ब्याज की दर पर क्या होगी?

  1. 6750

  2. 6950

  3. 7150

  4. 7200

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

First find the rate: Interest = 5750 - 5000 = 750 on 5000 for 3 years, so Rate = (750 × 100)/(5000 × 3) = 5% per annum. For Rs. 6000 at 5% for 4 years: Interest = (6000 × 5 × 4)/100 = 1200, so Amount = 6000 + 1200 = 7200.