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Rani borrowed an amount of ₹2,00,000 from the bank to start a business. How much simple interest will she pay at the rate of 7% per annum after 2 years?

A24,000

B26,000

C28,500

D28,000

Answer:

D. 28,000

Read Explanation:

200000 7% intrest of 200000 =14000 for 2 years = 2 x 14000 = 28000


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