Mathematics · Simple Interest
What will be the total amount (principal + interest) if Rs. 860 is invested for 2 years at a simple interest rate of 2 paise per rupee per month?
- 1Rs. 1722.00
- 2Rs. 1272.80✓
- 3Rs. 1722.80
- 4Rs. 1227.80
Correct answer
Rs. 1272.80
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