Hardeep went to a bank and deposited Rs 80000 at the rate of simple interest of 7% per annum. After some years, he withdrew 91200 and closed the account.

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Solution

The correct option is C

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Similar questions

Mr. Sayuj deposits Rs 300 per month in a recurring deposit account for 2 years at a simple interest rate of 7% per annum.

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You have deposited Rs 1000.00 in the bank. The rate of interest is 7% per annum(simple interest). How much money will you have after 5 years?

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