Q. What is the amount after 3 years on Rs. 2500 at 12% per annum simple interest?
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Correct Answer: (C)
Rs. 3400
Explanation: SI = 2500×12×3/100 = 900. Amount = 2500 + 900 = 3400.
Explanation by: Mr. Dubey
SI = 2500×12×3/100 = 900. Amount = 2500 + 900 = 3400.