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Understanding Simple Interest

Anita invests...

Question

Anita invests ₹ 1000 at the rate of 10% p.a simple interest. Find the interest earned in one year.

A

₹ 200

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B

₹ 100

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C

₹ 125

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D

₹ 250

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Q. The interest earned on investing

$ 1000

for a period of

2

years at a simple rate of interest of

10 %

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