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Vijay invests a principal amount of Rs. 300000 in a fixed deposit for 2 years.The rate at which he invests is 20% per annum. What will be the simple interest earned by him at the end of his investment tenture?1). Rs. 220002). Rs. 130003). Rs. 1200004). Rs. 15600 |
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Answer» Rate = 20% Time = 3 years |
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