If ₹550 is borrowed at 8% per annum for 3.5 years, find the simple interest (in ₹).

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) 154
  2. (B) 134
  3. (C) 204
  4. (D) 254

Verified Answer

Option (A): 154


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