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₤ 1475 was invested for 5 years @4% simp...

₤ 1475 was invested for 5 years @4% simple interest per annum. The interest accrued would be ₤ _____. Options are (a) 295 (b) 442.5 (c) 590 (d) 147.5 .

A

295

B

442.5

C

590

D

147.5

Text Solution

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The correct Answer is:
A
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