insurence exam ESIC MTS Mock Test 2022 Quantitative Aptitude Interest Simple Interest

What would be simple interest on the principal amount of Rs. 15,000 with 25% p.a. interest rate annually for 5 years?

1

Rs. 18,750

2

Rs. 9,000

3

Rs. 15,000

4

Rs. 5,000

5

Rs. 1,00,000

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