railway RRB Technician Grade 3 Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A principal of Rs. 50000 is invested at simple interest for 8 years. If the per annum rate of interest is 12 percent, then what will be the amount after 8 years?

1
Rs. 95000
2
Rs. 85000
3
Rs. 90000
4
Rs. 98000
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