A sum earns Rs. 900 as simple interest in 3 years at 5% p.a. How much interest will it earn in 2 years at 8% p.a.?

Type: MCQ • Marks: 1

A. 1200

B. 900

C. 1080

D. 960

Explanation

Principal=900×100/(3×5)=6000. New SI=6000×8×2/100=Rs. 960.

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UP TGT Mathematics

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