Simple Interest – Scale an amount at the same rate: If Rs 64 amounts to Rs 83.20 in 2 years at simple interest, then at the same rate what will Rs 86 amount to in 4 years?

Difficulty: Medium

Correct Answer: Rs 137.60

Explanation:


Introduction / Context:
We first extract the rate from the first scenario, then apply the same simple interest rate to the new principal and time to get the new amount.



Given Data / Assumptions:

  • 64 amounts to 83.20 in 2 years → SI over 2 years = 19.20
  • Need amount for 86 in 4 years at same rate


Concept / Approach:
From the first case, find yearly SI and rate. Then use A = P * (1 + r * t) for the second case.



Step-by-Step Solution:

Yearly SI on Rs 64 = 19.20 / 2 = 9.60Rate r% = (9.60 / 64) * 100 = 15%For P = 86, t = 4: A = 86 * (1 + 0.15 * 4) = 86 * 1.60 = Rs 137.60


Verification / Alternative check:

Direct proportionality under SI confirms linear scaling with P and t.


Why Other Options Are Wrong:

  • Other values do not match A = 86 * 1.60.


Common Pitfalls:

  • Applying compound growth instead of simple interest.


Final Answer:
Rs 137.60.

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