Difficulty: Easy
Correct Answer: ₹ 800
Explanation:
Introduction / Context:
Under simple interest, interest is proportional to principal, rate, and time. If the principal changes for a subsequent period, the new interest scales linearly with the new principal for that later period.
Given Data / Assumptions:
Concept / Approach:
From the first period: P * r * 5 = 200 ⇒ P * r = 40. For the next period: SI = (3P) * r * 5 = 15 * (P * r) = 15 * 40 = 600. Total interest = 200 + 600 = 800.
Step-by-Step Solution:
Verification / Alternative check:
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
₹ 800.
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