Practicing Success
A sum lent out at compound interest amounts to ₹1,250 in one year and to ₹1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for $5\frac{2}{5}$ years at the same rate of interest? |
₹600 ₹520 ₹500 ₹480 |
₹500 |