Find the simple interest on Rs. 11800 for 1 years at 4% per annum.
- A. Rs. 472 ✓
- B. Rs. 409
- C. Rs. 532
- D. Rs. 576
Correct answer
A. Rs. 472
Explanation
SI = (P x R x T)/100 = (11800 x 4 x 1)/100 = Rs. 472.
A. Rs. 472
SI = (P x R x T)/100 = (11800 x 4 x 1)/100 = Rs. 472.