Find the simple interest on Rs. 13450 for 3 years at 4% per annum.
- A. Rs. 1999
- B. Rs. 1252
- C. Rs. 1757
- D. Rs. 1614 ✓
Correct answer
D. Rs. 1614
Explanation
SI = (P x R x T)/100 = (13450 x 4 x 3)/100 = Rs. 1614.
D. Rs. 1614
SI = (P x R x T)/100 = (13450 x 4 x 3)/100 = Rs. 1614.