What is the time (in years) required to earn ₹2,160 at 6% per annum simple interest on a sum of ₹12,000?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 2.5 years
2. (B) 2 years
3. (C) 3 years
4. (D) 3.5 years

Verified Answer

Option (C): 3 years

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