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  • The interest for the 3rd year on a certain sum at a certain rate of simple interest is Rs.3000. find the sum of the interests accrued on it in

The interest for the 3rd year on a certain sum at a certain rate of simple interest is Rs.3000. find the sum of the interests accrued on it in the 6th, 7th and 8th years.

  • Option 1)

    Rs.3000

  • Option 2)

    Rs.9000

  • Option 3)

    Rs.4500

  • Option 4)

    Rs.12000

  • Option 5)

    Rs.6000

Answers (1)

best_answer

Simple interest is always calculated on principal. Therefore it is always equal for all years

Interest = 3rd year = 3000

So interest for the 6th, 7th and 8th year is = 3000 + 3000+ 3000 = 9000 Rs.

Posted by

rishi.raj

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