The compound interest on a certain sum for 3 years at 15% p.a., intere – McqOptions

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1.	The compound interest on a certain sum for 3 years at 15% p.a., interest compound yearly, is Rs. 4167. What is the simple interest on the same sum in 24/5 years at the same rate?
A.	Rs. 5760
B.	Rs. 6000
C.	Rs. 6144
D.	Rs. 4800
Answer» B. Rs. 6000

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