Ram takes Rs. 5000 from Mohan for 3 years under simple interest at the – McqOptions

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1.	Ram takes Rs. 5000 from Mohan for 3 years under simple interest at the rate of 10% per annum calculated half-yearly. What amount will be paid by Ram to Mohan after the end of 3 years?
A.	Rs. 9000
B.	Rs. 3000
C.	Rs. 6500
D.	Rs. 7500
E.	None of these
Answer» D. Rs. 7500

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