Test Index

Compound Interest Practice Test 3

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Question : 8

Total: 40

The compound interest on a certain sum of money invested for 3 years at 5% per annum is Rs. 1891.50. What will be the simple interest on the same sum at the same rate for 2 years?

Rs. 1700
Rs. 1200
Rs. 1500
Rs. 2100

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