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:
Compute P * r from first 5 years: 200 / 5 = 40.Next 5 years on 3P: 3 * 5 * (P * r) = 15 * 40 = 600.Total interest = 200 + 600 = Rs 800.Verification / Alternative check:
Proportionality check confirms linear scaling with principal and time under SI.Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:₹ 800.
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