What should be the simple interest obtained on an amount of Rs 5,760 at the rate of 6% p.a. after 3 years?
(a) Rs 1036.80

(b) Rs 1666.80

(c) Rs 1336.80

(d) Rs 1063.80

(e) None of these

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1 Answers

(a) Required Simple Interest = 5760 x 3 x 6 / 100 = Rs 1036.80

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