BANK EPFO SSA Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both

The compound interest on an amount invested for 2 years at 12% per annum is Rs. 2544. What will be the simple interest on this amount when invested for 7 years at 8% per annum?

1
Rs. 6000
2
Rs. 5200
3
Rs. 5600
4
Rs. 6400
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