general math MCQ #441

Rs. 1200 is lent out at 5% per annum simple interest for 3 years. What is the total amount after 3 years?

general math MCQ #441

  1. Question 1

    Q1. Rs. 1200 is lent out at 5% per annum simple interest for 3 years. What is the total amount after 3 years?

    • A) Rs. 1290
    • B) Rs. 1380
    • C) Rs. 1470
    • D) None of these

    Answer: Rs. 1380

    Explanation: The correct value is Rs. 1380. Apply the formula or arithmetic step shown in the question and