What will be the simple interest on a sum of Rs. 1500 at the rate of 1 – McqOptions

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1.	What will be the simple interest on a sum of Rs. 1500 at the rate of 15% per annum for 2 years?
A.	Rs. 450
B.	Rs. 300
C.	Rs. 600
D.	Rs. 950
Answer» B. Rs. 300

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