Question : The simple interest on a sum of money for 10 years is Rs. 3130. If the principal is increased five times after 5 years, what will be the total interest (in Rs.) obtained after 10 years?
Option 1: 6260
Option 2: 7825
Option 3: 9390
Option 4: 15650
New: SSC CGL 2025 Tier-1 Result
Latest: SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: 9390
Solution :
The principal gives interest of Rs. 3130 in 10 years.
Hence, the principal gives interest in 5 years = Rs. $\frac{3130 \times 5}{10}$ = Rs. 1565
After 5 years, the principal is 5 times.
The interest for the remaining 5 years is also 5 times = 5 × 1565 = Rs. 7825
The interest we get for the total of 10 years = Rs. 7825 + Rs. 1565 = Rs. 9390
Hence, the correct answer is 9390.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates BrochureYour Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.



