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CET Graduation 2024 PYQ Q89

2024cet-graduation-2024-shift-2Reasoning & Mental Ability1 marks
Question 89

The simple interest on a certain sum of rupees for 8 years at an annual rate of 7.5% is ₹ 7,500. What is the simple interest on the same sum for 8 years if the rate of interest is increased by 2.5%?

  1. A ₹ 20,000
  2. B ₹ 12,500
  3. C ₹ 10,000 Correct
  4. D ₹ 12,000
Answer C
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