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At simple interest a sum of ₹6,400 becomes ₹8,320 in 3 years. What will ₹7,200 become in 5 years at the same rate?
Question

At simple interest a sum of ₹6,400 becomes ₹8,320 in 3 years. What will ₹7,200 become in 5 years at the same rate?

A.

₹10,200

B.

₹ 10,600

C.

₹ 10,800

D.

₹10,400

Correct option is C

Given:
​Principal (P) = ₹6,400
Amount after 3 years = ₹8,320
Time (T) = 3 years
Principal for the second case = ₹7,200
Time for the second case = 5 years
Formula Used:
Simple interest (SI) is calculated using the formula:
SI=P×R×T100\text{SI} = \frac{P \times R \times T}{100}​​
where P is the principal, R is the rate of interest per annum, and T is the time period in years.
Solution:
For first case ;
As we know rate is same ,
So, For second case,






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