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?

Question

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?

Options

A.

₹45,600

B.

₹21,600

C.

₹34,800

D.

₹43,200

simple interestinterest rateprincipaltimessc 2024

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