UP TGT Mathematics Commercial mathematics Test Series - Part 2

At simple interest, a sum becomes Rs. 1,020 in 2 years and Rs. 1,200 in 5 years. Find the simple interest earned per yea...

Type: MCQ • Marks: 1
At simple interest, a sum becomes Rs. 1,020 in 2 years and Rs. 1,200 in 5 years. Find the simple interest earned per year.
Options
A. 1) Rs. 80
B. 2) Rs. 50
C. 3) Rs. 70
D. 4) Rs. 60
Explanation
Interest for 3 years = Rs. 1,200 - Rs. 1,020 = Rs. 180. Interest per year = 180 / 3 = Rs. 60.
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