If ₹1,875 becomes ₹2,625 in 4 years, what will ₹24,000 become at the end of 9 years at the same rate of interest, under simple interest?

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Step 1: Calculate the interest earned on ₹1,875 in 4 years.
Interest = Final Amount - Principal = ₹2,625 - ₹1,875 = ₹750

Step 2: Calculate the rate of interest per year.
Simple Interest (SI) = (P × R × T) / 100
750 = (1875 × R × 4) / 100
750 × 100 = 1875 × R × 4
75000 = 7500 × R
R = 75000 / 7500 = 10% per annum

Step 3: Calculate the interest on ₹24,000 for 9 years at 10% per annum.
SI = (24000 × 10 × 9) / 100 = ₹21,600

Step 4: Calculate the total amount after 9 years.
Total Amount = Principal + Interest = ₹24,000 + ₹21,600 = ₹45,600

Therefore, ₹24,000 will become ₹45,600 at the end of 9 years at the same rate of interest under simple interest.

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