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UP TGT Mathematics commercial mathematics Test Series - Part 1

Find the amount of Rs. 5,000 at 4% p.a. simple interest after 3 years.

Type: MCQ • Marks: 1
Find the amount of Rs. 5,000 at 4% p.a. simple interest after 3 years.
Options
A. 5700
B. 5600
C. 5500
D. 5800
Explanation
SI=5000×4×3/100=600. Amount=Rs. 5,600.
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