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    Question

    A sum of Rs 6,000 is invested at 8% simple interest per

    annum. What will be the interest earned in 2.5 years?
    A 1050 Correct Answer Incorrect Answer
    B 1325 Correct Answer Incorrect Answer
    C 1200 Correct Answer Incorrect Answer
    D 1500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, SI = (P ├Ч R ├Ч T)/100 = (6,000 ├Ч 8 ├Ч 2.5) / 100 = 6,000 ├Ч 20 / 100 = 6,000 ├Ч 0.2 = 1,200

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