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Sarathi deposited Rs 3125 in a bank whic...

Sarathi deposited Rs 3125 in a bank which promised 8% simple interest per annum. If Sarathi kept the money with the bank for 5 years, he will earn an interest of

A

Rs 1,280

B

Rs 1,290

C

Rs 1,250

D

Rs 1,240

Text Solution

Verified by Experts

The correct Answer is:
C
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