The simple interest for the second year on a certain sum at a certain

1.	The simple interest for the second year on a certain sum at a certain rate of interest is ₹ 1000. What the sum of the interest accrued on it for the 6th, 7th and 8th years?1. ₹32002. ₹33003. ₹30004. ₹3630
Answer» Correct Answer - Option 3 : ₹3000 Given: The simple interest for a second year = Rs. 1000 Concept used: A simple interest in every year is always the same. Calculation: Simple interest on 6th year = Rs. 1000 Simple interest on 7th year = Rs. 1000 Simple interest on 8th year = Rs. 1000 The sum of the interest accrued on it for the 6th, 7th and 8th years = Rs. (1000 + 1000 + 1000) ⇒ The sum of the interest accrued on it for the 6th, 7th and 8th years = Rs. 3000 ∴ The sum of the interest accrued on it for the 6th, 7th and 8th years is Rs. 3000.

The simple interest for the second year on a certain sum at a certain rate of interest is ₹ 1000. What the sum of the interest accrued on it for the 6th, 7th and 8th years?1. ₹32002. ₹33003. ₹30004. ₹3630

Answer» Correct Answer - Option 3 : ₹3000

Given:

The simple interest for a second year = Rs. 1000

Concept used:

A simple interest in every year is always the same.

Calculation:

Simple interest on 6th year = Rs. 1000

Simple interest on 7th year = Rs. 1000

Simple interest on 8th year = Rs. 1000

The sum of the interest accrued on it for the 6th, 7th and 8th years = Rs. (1000 + 1000 + 1000)

⇒ The sum of the interest accrued on it for the 6th, 7th and 8th years = Rs. 3000

∴ The sum of the interest accrued on it for the 6th, 7th and 8th years is Rs. 3000.

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