Mathematics · Simple Interest

Ramesh has invested Rs. 1,232 at 6% p.a. simple interest in a bank. What amount will he get after 3 years?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 1,416.80
2Rs. 1,453.76✓
3Rs. 1,448.76
4Rs. 1,485.80

Correct answer

Rs. 1,453.76

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Ramesh has invested Rs. 1,232 at 6% p.a. simple interest in a bank. What amount will he get after 3 years?

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Ramesh has invested Rs. 1,232 at 6% p.a. simple interest in a bank. What amount will he get after 3 years?

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