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An amount of Rs. 20000 when invested at ...

An amount of Rs. 20000 when invested at R% simple interest for 2 years becomes Rs. 24000. What will it become in 3 years if invested at (R+2)%? (in Rs.)

A

27200

B

26300

C

25200

D

27400

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Verified by Experts

The correct Answer is:
A
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ADDA247-SIMPLE INTEREST AND COMPOUND INTEREST-Prelims Questions (Level -1)
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  14. A bank offers an interest of 10% per annum which is compounded half ye...

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  15. A man invested Rs.P in three different schemes - A, B and C in the rat...

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  16. Aakash invested Rs 16800 on simple interest at r % p.a for 3 yrs and r...

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  17. Harsh borrow Rs. 400 at 10% rate of interest. He paid Rs.200 and Rs.64...

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  18. Manoj invested a sum at x% per annum at C.I. If first year and second ...

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  19. Harish borrowed certain sum from Harsh for 2 years at SI. Harish lent ...

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  20. If the compound interest on a certain sum for 2 years is Rs 308 and si...

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