A sum becomes Rs. 2916 in 2 years at 8% per annum compound interest. The simple

Question

A sum becomes Rs. 2916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be = ?

Options:

A . Rs. 600

B . Rs. 675

C . Rs. 650

D . Rs. 625

Answer: Option B

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