Mathematics · Simple Interest
A sum, when invested at 20% simple interest per annum, amounts to ₹2400 after 3 years. What is the simple interest (in ₹) on the same sum at the same rate in 1 year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11200
- 2150
- 3600
- 4300✓
Correct answer
300
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