Question

48. What sum will amount to 7 6.600 in 4 years at 8%
per annum simple interest?
(A) * 6.000
(B) 5.000
(C) 4,000
(D) 6.200
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Answer 1

Answer:

Hence the sum which will amount to Rs 6,600 @ 8% per annum for 4 years at simple interest is Rs. 5000.