Teaching EMRS Accountant Mock Test 2023 Quantitative Aptitude Interest Simple Interest

In how many years interest of Rs. 1080 will be obtained from a principal of Rs. 3000 at the simple interest rate of 12% annually?

1
3 years
2
2\(1\over 2\) years
3
2 years
4
3\(1\over 2\) years
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