Question

What sur will amount to 1,300 in 2 years at
2 - -
12% per annum at simple interest?
(A) 1,200 (B) 1,100
(C) 900
(D) 1,000​

Answer 1

Step-by-step explanation : A sum of money amounts to Rs.1180 and Rs. 1300 in 3 years and 5 years ... In two years there is an increase in 120 so simple interest for one year is 60,for 3 years it will be 180