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A sum lent at simple interest grows to ₹6050 in 3 years and ₹7100 in 6 years.
Find the rate of interest per annum.

Class 7Simple InterestComparing Quantities
  • A7%
  • B5%
  • C6%
  • D8%

Step-by-Step Solution

Interest from year 3 to year 6 (3 years) = 7100 − 6050 = ₹1050, so per year = ₹350. Interest for first 3 years = = ₹1050, so = ₹5000. %.
Answer: A) 7%

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