The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of...

Question

The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of three-fifths of a certain sum at 10% p.a., is:

Options

A.

₹13,440

B.

₹12,970

C.

₹15,360

D.

₹14,280

simple interestinterest calculationpercentagetimessc 2024

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