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**Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.**

A. Rs. 1380 B. Rs. 1290 C. Rs. 1470 D. Rs.1200
**Answer: Option A**

## Show Answer

Solution(By Apex Team)

$\begin{array}{l} A=P+I \\ A=1200+\frac{PTR}{100} \\ A=1200+\frac{1200 \times 5 \times 3}{100} \end {array}$ $\text{ Amount, }A=Rs.1380$