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

(a) Rs. 220

(b) Rs. 240

(c) Rs. 245

(d) Rs. 250



If the compound interest on a sum of money for 3 years at the rate of 5% per annum is Rs. 252.20, t..

Answer / mukherzee

( b ) Rs. 240

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