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Byju's Answer
Standard VII
Mathematics
Understanding Simple Interest (Changing Time)
If you invest...
Question

If you invest ₹ 5,000 at the rate of 5% p.a simple interest, how much interest will you earn after one year?


A

₹ 250

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B

₹ 100

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C

₹ 700

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D

₹ 500

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Solution

The correct option is A

₹ 250


₹ 250

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