The Success Center Mithi

What is the total amount on Rs 2200 after 3 years at 5% simple annual interest?

A) Rs 2531

B) Rs 2530

C) Rs 2529

D) Rs 2532

Answer: B

Explanation: Simple interest = principal × annual rate × years ÷ 100; add principal for total amount.
Using the values in this question gives Rs 2530 as the correct answer.

Scroll to Top