The compound interest accrued on Rs. 18000 in two years is Rs. 2995.2. – McqOptions

MCQOPTIONS

1.	The compound interest accrued on Rs. 18000 in two years is Rs. 2995.2. What will be the simple interest accrued at the same rate of interest for the same sum for three years?
A.	Rs. 4320
B.	Rs. 4850
C.	Rs. 5220
D.	Rs. 5480
Answer» B. Rs. 4850

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