Mathematics · Simple Interest
Ajay borrowed some money from Rashmi at 5% simple interest per annum and cleared his debt by repaying Rs. 8,800 after 2 years. How much interest did he pay?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 800✓
- 2Rs. 825
- 3Rs. 850
- 4Rs. 975
Correct answer
Rs. 800
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