Q: A sum of money, when invested at the rate of 15% per annum at simple interest, amounts to `26000 in 2 years. What is the simple interest that accrccd during these 2 years?
A.
`6,000
B.
`6,500
C.
`7,500
D.
`8,800
Correct Answer:
Option A -
Explanations:
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