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A sum of Rs.800 is invested for 3 years at simple interest rate. The rates of interest for the 3 years are 6%, 8% and 10% per annum. Find the total am
Question

A sum of Rs.800 is invested for 3 years at simple interest rate. The rates of interest for the 3 years are 6%, 8% and 10% per annum. Find the total amount of interest earned at the end of 3 years.

A.

Rs.185

B.

Rs.195

C.

Rs.188

D.

Rs.192

Correct option is D

Given:

Principle = ₹800

Interest for three years = 6%,8% and 10%

Formula Used:

SI=P×R×T100SI=\frac{P \times R \times T}{100}​​

Solution:

SI for 3 years = SI for first year + SI for 2nd year + SI for 3rd year

=800×6×1100+800×8×1100+800×10×1100=\frac{800 \times 6 \times 1}{100}+\frac{800 \times 8 \times 1}{100}+\frac{800 \times 10 \times 1}{100}​​

=48 + 64 + 80

= ₹192

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