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Banking Quantitative Aptitude Simple Interest Question Bank Simple Interest and Compound Interest

  • question_answer
    If the simple interest on a certain sum of money at the rate of 4% per annum for 3 years is Rs. 1875. What would be the C.I. at the same rate for the same time?

    A) Rs. 14950

    B) Rs. 1951

    C) Rs. 1975

    D) Rs. 1976

    E) Rs. 1900

    Correct Answer: B

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