Arithmetic Ability
Simple Interest

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Q.

Ronika deposited Rs.7000 which amounted to Rs.9200 after 3 years at simple interest. Had the interest been 2% more. She would get how much ?

View Answer

Correct choice: C

Explanation:

As the interest rate increases by 2% => (7000x3x2)/100 = 420 9200 -------- 9620
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