Subject
Quantitative Aptitude
Topic
Interest
What will be the simple interest earned on an amount of Rs.16,800 in 9 months at the rate of 6 ¼ % p.a.?
What will be the simple interest earned on an amount of Rs.16,800 in 9 months at the rate of 6 ¼ % p.a.?
ক)
Rs.787.50খ)
Rs.812.50গ)
Rs.860ঘ)
Rs.887.50ঙ)
None of theseExplanation
9 months = 9/12 years = 3/4th year = 0.75 year We know that simple interest = PRT/100 Where P is the principle amount, R is the rate of interest and T is the number of years. Simple Interest = (16800×6.25 × 0.75)/100 = Rs.787.50Related questions
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