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What is the simple interest on Rs 5400 in 5 years at the rate of 12% per annum?
Principal sum = Rs. 5400
Rate of interest = 12% and time period = 5 years
Simple interest = $$\frac{P\times R\times T}{100}$$
= $$\frac{5400\times12\times5}{100}$$
= $$54\times60=Rs.$$ $$3240$$
=> Ans - (D)
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