If Rs. 3,450/- are invested at 11.5 p.c.p.a. simple interest for two years, how much interest will be obtained at the end of two years?

If Rs. 3,450/- are invested at 11.5 p.c.p.a. simple interest for tw

1.	If Rs. 3,450/- are invested at 11.5 p.c.p.a. simple interest for two years, how much interest will be obtained at the end of two years?
A.	Rs. 593.50
B.	Rs. 693.50
C.	Rs. 793.50
D.	Rs. 893.50
Answer» D. Rs. 893.50

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If Rs. 3,450/- are invested at 11.5 p.c.p.a. simple interest for two years, how much interest will be obtained at the end of two years?

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