What is the total amount on Rs 5700 after 3 years at 12% simple annual interest?

Question: What is the total amount on Rs 5700 after 3 years at 12% simple annual interest?

1. Rs 7753
2. Rs 7752
3. Rs 7751
4. Rs 7754

Correct Answer: B — Rs 7752

Explanation: Simple interest = principal × annual rate × years ÷ 100; add principal for total amount.
Using the values in this question gives Rs 7752 as the correct answer.