The compound interest on a certain sum of money at 5 % per annum for two years is Rs.246. Calculate the simple interest on the same sum for three years at 6 % per annum.

Rs.430

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.462

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.436

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs.432

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Rs.434

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D
Rs.432

Suggest Corrections

Similar questions

The compound interest on a certain sum of money at $5 %$ per annum for two years is Rs.246. Calculate the simple interest on the same sum for three years at $6 %$ per annum.

Compound interest on a certain sum of money at 5% per annum for two years is Rs. 246. Calculate simple interest on the same sum for 3 years at 6% per annum.

Q. The compound interest on a certain sum of money at