Question

Karan invested Rs. 30,000 at simple interest of 8% p.a. If he kept withdrawing Rs. 6,000 after every one year, then find the total interest earned by Karan at the end of three years.
[Consider that the interest is payable at the end of three years, only]

A Rs. 5,280
B Rs. 5,760
C Rs. 6,000
D Rs. 5,400
E None of these
Practice Next

Hey! Ask a query