In what time a sum of Rs. 4000 will yield a simple interest of Rs. 120

1.	In what time a sum of Rs. 4000 will yield a simple interest of Rs. 1200 at 12% per annum?
A.	1 year
B.	2.5 years
C.	3 years
D.	2 years
Answer» C. 3 years

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In what time a sum of Rs. 4000 will yield a simple interest of Rs. 1200 at 12% per annum?

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