Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.

Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find

1.	Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.
A.	Rs. 1380
B.	Rs. 1290
C.	Rs. 1470
D.	Rs.1200
E.	Rs. 1240
Answer» B. Rs. 1290

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Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.

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