A sum of money is invested on simple interest at 1.5% p.a for 8 years yields interest Rs.3000. What will be the simple interest on the same sum at 5% for 6 years.

A sum of money is invested on simple interest at 1.5% p.a for 8 years

1.	A sum of money is invested on simple interest at 1.5% p.a for 8 years yields interest Rs.3000. What will be the simple interest on the same sum at 5% for 6 years.
A.	8000
B.	7500
C.	9500
D.	6000
E.	None of these
Answer» C. 9500

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A sum of money is invested on simple interest at 1.5% p.a for 8 years yields interest Rs.3000. What will be the simple interest on the same sum at 5% for 6 years.

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