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M: +2.00/-0.50

Simple interest on a certain sum is one-fourth of the sum and the interest rate percentage per annum is 4 times the number of years. If the rate of interest increases by 2%, then what will be the simple interest (in ₹) on ₹5,000 for 3 years?

 

[SSC CGL 13th April 2022 Shift-1 With Answers]
A
B
C
D

EXPLANATION

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