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Simple interest of an amount for a perio...

Simple interest of an amount for a period of 12 years is Rs 2400. If the amount is trepled after 3 years then what is that amount?

A

a)Rs 6300

B

b)Rs 7200

C

c)Rs 5600

D

d)Rs 6000

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The correct Answer is:
To solve the problem step by step, we will use the concept of Simple Interest (SI) and the information given in the question. ### Step 1: Understanding the Simple Interest Formula The formula for Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] Where: - \(SI\) = Simple Interest - \(P\) = Principal amount (initial amount) - \(R\) = Rate of interest per annum - \(T\) = Time in years ### Step 2: Given Information From the question, we know: - The Simple Interest for 12 years is Rs 2400. - Therefore, \(T = 12\) years and \(SI = 2400\). ### Step 3: Calculate the Simple Interest for 1 Year To find the Simple Interest for 1 year, we divide the total Simple Interest by the number of years: \[ SI \text{ for 1 year} = \frac{2400}{12} = 200 \text{ Rs} \] ### Step 4: Calculate Simple Interest for the First 3 Years For the first 3 years, the Simple Interest will be: \[ SI \text{ for 3 years} = 200 \times 3 = 600 \text{ Rs} \] ### Step 5: Calculate Remaining Simple Interest for the Next 9 Years After 3 years, the principal amount is tripled. Thus, the remaining Simple Interest for the next 9 years will be calculated based on the new principal amount. The total Simple Interest for 12 years is Rs 2400, and we have already calculated Rs 600 for the first 3 years. Therefore, the Simple Interest for the next 9 years is: \[ SI \text{ for next 9 years} = 2400 - 600 = 1800 \text{ Rs} \] ### Step 6: Tripling the Principal Amount Since the principal amount is tripled after 3 years, the Simple Interest for the next 9 years will also be tripled: \[ SI \text{ for next 9 years with tripled principal} = 1800 \times 3 = 5400 \text{ Rs} \] ### Step 7: Total Simple Interest for 12 Years Now, we can calculate the total Simple Interest for the entire 12 years: \[ \text{Total SI} = SI \text{ for first 3 years} + SI \text{ for next 9 years} \] \[ \text{Total SI} = 600 + 5400 = 6000 \text{ Rs} \] ### Step 8: Conclusion Thus, the total Simple Interest after 12 years is Rs 6000. ### Final Answer The amount after 12 years is Rs 6000. ---
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