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Simple interest on ₹2000 at 5% for 3 years:

A₹300
B₹250
C₹350
D₹200
Answer & Solution
Correct answer: A. ₹300
1. SI = PRT/100 = 2000·5·3/100 = 300. _Source: 501-GMAT-Questions Section 4 / Manhattan Quant Bank_
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