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What principal would yield a simple interest of Rs. 25 , invested at 5% for 3 months?
Question

What principal would yield a simple interest of Rs. 25 , invested at 5% for 3 months?


A.

Rs. 3125


B.

Rs. 2000


C.

Rs. 5000


D.

Rs. 1500

Correct option is B

 Given , 

SI = Rs. 25

Rate (R) = 5% per annum

Time (T) = 3 months = 3/12 years = 1/4 years

 Formula Used : SI = PRT/100

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