1.

Nitya deposited \[Rs.\] 1200 in a savings bank. The bank offered 12% simple interest per annum. How much interest does Nitya earn in 5 years?

A. \[\text{Rs}\text{.}\]680
B. \[\text{Rs}\text{.}\] 960
C. \[\text{Rs}\text{.}\] 720
D. \[\text{Rs}\text{.}\] 840
Answer» D. \[\text{Rs}\text{.}\] 840


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