A bank pays simple interest at 4% per annum on the first Rs. 5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she deposits Rs. 13,250 with the bank for 2 years.

A bank pays simple interest at 4% per annum on the first Rs. 5500 and

1.	A bank pays simple interest at 4% per annum on the first Rs. 5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she deposits Rs. 13,250 with the bank for 2 years.
A.	1280
B.	1370
C.	840
D.	1325
Answer» C. 840

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A bank pays simple interest at 4% per annum on the first Rs. 5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she deposits Rs. 13,250 with the bank for 2 years.

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