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Simple interest on a certain sum is one-fourth of the sum and the interest rate per anmum is four times the number of years. If the rate of interest i
Question

Simple interest on a certain sum is one-fourth of the sum and the interest rate per anmum is four times the number of years. If the rate of interest increases by 2%, then how much will the simple interest (in ) be on Rs. 3,600 for 6 years?

A.

2,562

B.

2,514

C.

2,642

D.

2,592

Correct option is D

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