Question

A man buys a car for ₹800,000. He sells it after 3 years at a loss of 15%. If he invests the selling amount in a fixed deposit at an interest rate (simple interest) of 5% per annum, how much interest will he earn in 2 years?

A ₹68,000
B ₹55,000
C ₹60,000
D ₹57,500
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