Mathematics · Simple Interest
A person borrows ₹20,000 at 8% per annum simple interest for 3 years. What is the total interest he will pay at the end of the 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,200
- 2₹6,000
- 3₹5,200
- 4₹4,800✓
Correct answer
₹4,800
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