RBI Assistant Model Paper 4

Question : 55 of 100

Marks: +1, -0

The simple interest on a certain principal is Rs. 1,280 in 2 years at the rate of 8 p.c.p.a. What would be the simple interest accrued on thrice of that principal at the rate of 10.75 p.c.p.a. at the end of two years ?