A sum, when invested at 10% simple interest per annum, amounts to ₹5040 after 4 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 1 year?
- AOption (a)
360
- BOption (b)
720
- COption (c)
180
- DOption (d)
1440
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Correct answer
360









