1.

A sum amounts to Rs. 6,050 in 2 years and to Rs. 6,655 in 3 years at a certain rate percentage p.a. when the interest is compounded yearly. What is the simple interest on a sum of Rs. 6,000 at the same rate for 5\(\frac{3}{4}\) years?

A. Rs. 3,450
B. Rs. 3,150
C. Rs. 3,300
D. Rs. 3,200
Answer» B. Rs. 3,150


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