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The simple interest on Rs 8,000 at 12% per annum for 3 years is
ARs 3,600
BRs 2,400
CRs 2,880
DRs 3,000
Answer & Solution
Correct answer: C. Rs 2,880
SI = P × R × T / 100 = 8000 × 12 × 3 / 100 = 2880.
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