The simple interest on a sum at 3% annual rate in 40 years is Rs. 120 – McqOptions

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1.	The simple interest on a sum at 3% annual rate in 40 years is Rs. 120 more than the sum. What is the sum?
A.	Rs. 600
B.	Rs.500
C.	Rs. 700
D.	Rs. 480
Answer» B. Rs.500

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