MCQ 11 Mark
If the interest on Rs 3000 is Rs 600 at a certain rate for a certain number of years, what would the interest be on Rs 1500 under the same conditions ?
- ✓Rs 300
- BRs 1000
- CRs 700
- DRs 500
Answer
View full question & answer→Correct option: A.
Rs 300
Rs 300
Hint :
The interest on Rs 3000 at certain rate of interest is Rs 600.
Let us suppose the interest on Rs 1500 at the same rate is x.
\begin{aligned}
& \therefore \frac{600}{3000}=\frac{x}{1500} \\
& \therefore x=\text { Rs } 300
\end{aligned}