Mathematics · Simple Interest

Mohan invested ₹1,320 at a 6% per annum simple interest rate in a bank. What total amount (in ₹) will he get back after 6 years?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1475.2
2575.2
31,795.2✓
41,695.2

Correct answer

1,795.2

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Mohan invested ₹1,320 at a 6% per annum simple interest rate in a bank. What total amount (in ₹) will he get back after 6 years?

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Mohan invested ₹1,320 at a 6% per annum simple interest rate in a bank. What total amount (in ₹) will he get back after 6 years?

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