Mathematics · Interest
If the compound interest compounded annually on a certain sum for 3 years at 20% per annum is Rs. 3,640, then what is the simple interest (in Rs.) on the same sum for the same period and at the same rate of interest?
- 13000✓
- 23250
- 33500
- 42750
Correct answer
3000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest