Mathematics · Simple Interest
If, on a certain sum, the simple interest for 2 years is Rs. 1,200, then what is the simple interest on the same sum for 5 years, if the rate of interest remains unchanged?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,500
- 2Rs. 3,500
- 3Rs. 2,800
- 4Rs. 3,000✓
Correct answer
Rs. 3,000
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