Arithmeticmedium · Past Paper

If Rs 500 becomes Rs 600 in 4 years, what will it become in 8 years at the same simple interest rate?

ARs 700
BRs 720
CRs 750
DRs 800

✓ Correct Answer: ARs 700

Interest for 4 years = 100. So interest for 8 years = 200. Amount = 500 + 200 = 700.

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