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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 × R × T)/100 = (6,000 × 8 × 2.5) / 100 = 6,000 × 20 / 100 = 6,000 × 0.2 = 1,200

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