Mathematics · Simple Interest
Ramesh puts ₹1000 in a savings account that gives 5% simple interest per annum. How much interest will he earn in 1 year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹55
- 2₹40
- 3₹45
- 4₹50✓
Correct answer
₹50
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