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Question

Suresh invested Rs. 12,000 at simple interest of 5% p.a. If he kept withdrawing Rs. 2,000 after every one year, then find the total interest earned by Suresh at the end of three years.
[Consider that the interest is payable at the end of three years, only]

A Rs. 1,500

B Rs. 1,600

C Rs. 1,800

D Rs. 1,700

E None of these

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