Difficulty: Medium
Correct Answer: ₹ 560
Explanation:
Introduction / Context:Equal SI on different parts over different time–rate products implies those parts are inversely proportional to the respective (rate * time) values. With the total known, we apportion by the reciprocal weights and compare extremes.
Given Data / Assumptions:
Concept / Approach:If I1 = I2 = I3, then P1 * 0.06 = P2 * 0.12 = P3 * 0.20 = k. Hence P1 : P2 : P3 = 1/0.06 : 1/0.12 : 1/0.20 = 16.666... : 8.333... : 5 = 50 : 25 : 15 upon scaling.
Step-by-Step Solution:
Total ratio units = 50 + 25 + 15 = 90.Each unit = 1440 / 90 = 16.P1 = 50 * 16 = 800; P2 = 25 * 16 = 400; P3 = 15 * 16 = 240.Difference (largest − smallest) = 800 − 240 = 560.Verification / Alternative check:
Check equal interests: 0.06*800 = 48; 0.12*400 = 48; 0.20*240 = 48.Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:₹ 560.
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