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If the compound interest on a sum of money for 3 years at the rate of 5% per annum is Rs. 252.20, the simple interest on the same sum at the same rate and for the same time is ?

Correct Answer: Rs. 240

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Math MCQ: If the compound interest on a sum of money for 3 years at the rate of 5% per annum is Rs. 252.20, the simple interest on the same sum at the same rate and for the same time is ? | Extra Education