Mathematics · Simple Interest

What Simple Interest is earned on a sum of Rs. 5700 at a 12% annual rate in 1.5 years?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 1070
2Rs. 1820
3Rs. 1026✓
4Rs. 1400

Correct answer

Rs. 1026

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What Simple Interest is earned on a sum of Rs. 5700 at a 12% annual rate in 1.5 years?

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