Mathematics · Simple Interest

David borrowed ₹2,80,000 from a bank to start a business. How much simple interest will he pay after 3 years at the rate of 4% per annum?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

132,600
234,600
33,13,600
433,600✓

Correct answer

33,600

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David borrowed ₹2,80,000 from a bank to start a business. How much simple interest will he pay after 3 years at the rate of 4% per annum?

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David borrowed ₹2,80,000 from a bank to start a business. How much simple interest will he pay after 3 years at the rate of 4% per annum?

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