Multiple Choice Questions on Rs 8000 becomes Rs 10000 in two years at simple interest The amount that will become Rs 6875 in 3 ye........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Rs 8000 becomes Rs 10000 in two years at simple interest The amount that will become Rs 6875 in 3 ye...........

Quantitative Aptitude ( CCS) Simple Interest
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    Rs. 8000 becomes Rs.10000 in two years at simple interest. The amount that will become Rs. 6875 in 3 years at the same rate of interest is

    Rs. 4850

    Incorrect Answer

    Rs. 5000

    Correct Answer

    Rs. 5500

    Incorrect Answer

    Rs. 5275

    Incorrect Answer
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    Explanation:

    For first calculate r by basic si formula
    si = \frac{pnr}{100}
    then we get r =12.5%
    hereafter we have to find p for a aimple amount
    sa = si + p
    we get =5000

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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