In how many years will a sum of 3,000 yield a simple interest of 1,080 at 12% per annum ?

In how many years will a sum of 3,000 yield a simple interest of 1,0

1.	In how many years will a sum of 3,000 yield a simple interest of 1,080 at 12% per annum ?
A.	3 years
B.	<table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>
C.	2 years
D.	<table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>
Answer» B. <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">years</td></tr><tr><td style="text-align: center;">2</td></tr></table>

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In how many years will a sum of 3,000 yield a simple interest of 1,080 at 12% per annum ?

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