A sum of Rs. 3460 is lent at simple interest. If the rate of interest is 5% per annum, then what will be the simple interest for 5 years?

A sum of Rs. 3460 is lent at simple interest. If the rate of interest

1.	A sum of Rs. 3460 is lent at simple interest. If the rate of interest is 5% per annum, then what will be the simple interest for 5 years?
A.	Rs. 875
B.	Rs. 865
C.	Rs. 855
D.	Rs. 845
Answer» C. Rs. 855

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A sum of Rs. 3460 is lent at simple interest. If the rate of interest is 5% per annum, then what will be the simple interest for 5 years?

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