Thursday, April 11, 2013

At the rate of 6% p.a. simple interest, a sum of Rs. 2500 will earn how much interest by the end of 5 years 7.

A. Rs. 150
B. Rs. 750
C. Rs. 700
D. Rs. 3250
Answer: B

Explanation:  

2500 * (3 * (5/100)) =750
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