If, on a certain sum, the simple interest for 2 years is ₹1,200, then what is the simple interest on the same sum for 5 years, if the rate of interest remains unchanged?

₹2,500 ₹3,500 ₹3,000 ₹2,800

₹3,000

Sum for 2 years = Rs. 1200 Sum for 1 year = Rs. 600 Now, Sum for 5 years = 5 × 600 = Rs. 3000