Question 70
The simple interest for the second year on a certain sum at a certain rate of interest is ₹ 1000. What is the sum of the interest accrued on it for the $$6^{th}, 7^{th}$$ and $$8^{th}$$ years?
Solution
Simple interest on every year is same and so for any one year it will be 1000 as given
So for the three years given it will be 3*1000=3000
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