Find the simple interest (in ₹) on a borrowed sum of ₹550 at 12% per annum simple interest for 2.5 years.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 145
2. (B) 165
3. (C) 150
4. (D) 155

Verified Answer

Option (B): 165

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