Find the simple interest on Rs. 15400 for 6 years at 6% per annum.
- A. Rs. 4865
- B. Rs. 5544 ✓
- C. Rs. 6756
- D. Rs. 4168
Correct answer
B. Rs. 5544
Explanation
SI = (P x R x T)/100 = (15400 x 6 x 6)/100 = Rs. 5544.
B. Rs. 5544
SI = (P x R x T)/100 = (15400 x 6 x 6)/100 = Rs. 5544.