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The simple interest calculated on same Principal at rate of interest 25% for 3 years is Rs. ___and simple interest at 15% per annum for 2 years is Rs. 8400. The difference between interests is Rs. ____ .
  • a)
    21050, 12650
  • b)
    22000, 13600
  • c)
    23500, 15100
  • d)
    18000, 9600
  • e)
    21000, 12600
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
The simple interest calculated on same Principal at rate of interest ...
Calculation of Simple Interest
- Let the Principal be P.
- Simple Interest for 3 years at 25% per annum = P * 25% * 3 = 0.25P * 3 = 0.75P
- Simple Interest for 2 years at 15% per annum = Rs. 8400
- Therefore, 0.15P * 2 = Rs. 8400
- P = Rs. 56000

Calculation of Difference in Interests
- Simple Interest at 25% for 3 years = 0.75P = 0.75 * 56000 = Rs. 42000
- Simple Interest at 15% for 2 years = Rs. 8400
- Difference in interests = 42000 - 8400 = Rs. 33600
Therefore, the correct answer is option 'E' - 21000, 12600.
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Community Answer
The simple interest calculated on same Principal at rate of interest ...
Let Principal = P, Rate = R% per annum, Time = N years
Simple Interest = (P × N × R)/100
Given,
? 8400 = P × 15 × 2/10
? P = 28000
Principal = Rs. 28000
Simple Interest =
= (28000 × 3 × 25)/100
= 21000
Required difference in interest =
= 21000 - 8400
= Rs. 12600
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The simple interest calculated on same Principal at rate of interest 25% for 3 years is Rs. ___and simple interest at 15% per annum for 2 years is Rs. 8400. The difference between interests is Rs. ____ .a)21050, 12650b)22000, 13600c)23500, 15100d)18000, 9600e)21000, 12600Correct answer is option 'E'. Can you explain this answer?
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The simple interest calculated on same Principal at rate of interest 25% for 3 years is Rs. ___and simple interest at 15% per annum for 2 years is Rs. 8400. The difference between interests is Rs. ____ .a)21050, 12650b)22000, 13600c)23500, 15100d)18000, 9600e)21000, 12600Correct answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The simple interest calculated on same Principal at rate of interest 25% for 3 years is Rs. ___and simple interest at 15% per annum for 2 years is Rs. 8400. The difference between interests is Rs. ____ .a)21050, 12650b)22000, 13600c)23500, 15100d)18000, 9600e)21000, 12600Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The simple interest calculated on same Principal at rate of interest 25% for 3 years is Rs. ___and simple interest at 15% per annum for 2 years is Rs. 8400. The difference between interests is Rs. ____ .a)21050, 12650b)22000, 13600c)23500, 15100d)18000, 9600e)21000, 12600Correct answer is option 'E'. Can you explain this answer?.
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