The compound interest on a certain sum of money at 5% per annum for 2 years is R

Question

The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?

Options:

A . Rs. 435

B . Rs. 450

C . Rs. 430

D . Rs. 432

Answer: Option D

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