Question
Mathematics Question on Simple Interest
If Mr. Ravi borrows a sum of ₹1,50,000 at an interest rate of 10% (flat) for a tenure of 3 years, then his EMI based on above data is (approximately) ₹:
A
5410
B
5412
C
5414
D
5417
Answer
5417
Explanation
Solution
The correct option is (D):
5417