Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of

Question

Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200.

Options:

A . Rs. 3800

B . Rs. 3500

C . Rs. 3600

D . Rs. 3900

Answer: Option C

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