R borrowed Rs. 1,200 at 13% per annum simple interest. What amount will R pay to clear the debt after 5 years?
A. Rs. 1,860
B. Rs. 1,880
C. Rs. 1,980
D. Rs. 2,000
Answer:C
R borrowed Rs. 1,200 at 13% per annum simple interest. What amount will R pay to clear the debt after 5 years?
A. Rs. 1,860 B. Rs. 1,880 C. Rs. 1,980 D. Rs. 2,000