Teaching MAHA TET Mock Test Series 2024 Quantitative Aptitude Interest Simple Interest

Ramesh invested Rs. 1,232 at 5% p.a. rate of simple interest in a bank. What amount will he get after 3 years?

1
Rs. 1,416.80
2
Rs. 2,145.80
3
Rs. 1,848.80
4
Rs. 1,285.80
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