Find the simple interest on Rs. 13900 for 5 years at 7% per annum.
- A. Rs. 5531
- B. Rs. 5332
- C. Rs. 5325
- D. Rs. 4865 ✓
Correct answer
D. Rs. 4865
Explanation
SI = (P x R x T)/100 = (13900 x 7 x 5)/100 = Rs. 4865.
D. Rs. 4865
SI = (P x R x T)/100 = (13900 x 7 x 5)/100 = Rs. 4865.