A sum, when invested at 10% simple interest per annum, amounts to ₹2880 after 2 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 1 year?
- AOption (a)
240
- BOption (b)
960
- COption (c)
480
- DOption (d)
120
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Correct answer
240









