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Discussion :: Simple Interest

  1. If Rs.450 amount to Rs.540 in 4 years, what will it amount to in 6 years at the same rate % per annum?
  2. A.
    Rs.575
    B.
    Rs.675
    C.
    Rs.585
    D.
    Rs.685

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    Answer : Option C

    Explanation :

    90 = (450*4*R)/100

    R = 5%

    I = (450*6*5)/100 = 135

    450 + 135 = 585


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