Calculate the interest earned if Rs. 15,000 is lent at 6% simple interest per annum and the total amount after 3 years is Rs. 17,700.
- AOption (a)
Rs. 2,000
- BOption (b)
Rs. 3,700
- COption (c)
Rs. 3,000
- DOption (d)
Rs. 2,700
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Correct answer
Rs. 2,000