A person deposits 2,000 at 6% p.a. simple interest for 3 years. The amount he willget back after 3 years is

by
Question:

A person deposits 2,000 at 6% p.a. simple interest for 3 years. The amount he willget back after 3 years is

A.

2,300

B.

2,400

C.

2,360

D.

2350

Answer» c. 2,360

Note: The above multiple-choice question is for all general and Competitive Exams in India.