Q: Sarathi deposited रु 3125 in a bank on which 8% simple interest was payable annually by the bank. If sarathi kept the money in the bank for 5 years, how much interest will be earn?
A.
रु 1,290
B.
रु 1,250
C.
रु 1,240
D.
रु 1,280
Correct Answer:
Option B -
Explanations:
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