Question

The amount on a sum of Rs.500/- for three years at simple interest at 5% per annum
equals to
A. 560 B.570 C.575 D. 600​

Answer 1

Answer:

Amount =S.I + Principal

So 500*3*5/100+Principal

75+ 500

575

Answer Option C

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Answer 2

Answer:

It will be 575.

500+(500X5X3)/100=575