A certain principal earns Rs 240 as simple interest after 3 years. Compute the

interest earned by the same principal after 7 years.

interest earned by the same principal a

A certain principal earns Rs 240 as simple interest after 3 years. Compute the

interest earned by the same principal after 7 years.

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Answer:(a) Simplest Interest for one year 2403=80

Simple interest for two year=80×2=160

Difference for 2 year=170-160=10

Rate%=1080×100=1212%

Step-by-step explanation: