A sum becomes Rs. 2600 in 2 years and Rs. 3200 in 5 years at simple interest. What is the annual interest?
ARs. 180
BRs. 200
CRs. 220
DRs. 250
Explanation
Interest for 3 years = 3200 – 2600 = Rs. 600. Annual interest = 600 / 3 = Rs. 200.
Exam Relevance
- Topic: Interest
- Subtopic: Simple Interest

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