A sum, when invested at 10% simple interest per annum, amounts to ₹3120 after 3
years. What is the simple interest (in ₹) on the same sum at the same rate of interest in
2 years?
A480
B240
C1920
D960
A480
B240
C1920
D960
Related Questions:
The simple interest on a sum of money is of the principal, and the number of years is equal to 2 times the rate percent per annum. Find the rate percent.2.5%