Multiple choice

Find the simple interest on Rs. 12000 for 3 years, if rate of interest for 3 years is 5%, 6% and 7% respectively. 12000 रू. का तीन वर्षों में साधारण ब्याज ज्ञात कीजिए, यदि 3 वर्ष में ब्याज की दर क्रमशः 5%, 6% और 7% प्रतिवर्ष है।

  1. Rs.3560

  2. Rs. 2160

  3. Rs. 2560

  4. Rs.1860
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B Correct answer
Explanation

The simple interest is calculated separately for each year at the varying rates and then summed. Year 1: 12000 × 5% = 600; Year 2: 12000 × 6% = 720; Year 3: 12000 × 7% = 840. Total simple interest = 600 + 720 + 840 = 2160.

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