alleryStart learning →A sum of Rs 12,500 is lent at 8% simple interest for 2 years. Interest earned?
ARs 1,600
BRs 2,500
CRs 2,000
DRs 1,000
Answer & Solution
Correct answer: C. Rs 2,000
12500 x 8 x 2 / 100 gives 2,000.
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