Find the simple interest on Rs. 15700 for 1 years at 10% per annum.
- A. Rs. 1570 ✓
- B. Rs. 1486
- C. Rs. 1896
- D. Rs. 1737
Correct answer
A. Rs. 1570
Explanation
SI = (P x R x T)/100 = (15700 x 10 x 1)/100 = Rs. 1570.
A. Rs. 1570
SI = (P x R x T)/100 = (15700 x 10 x 1)/100 = Rs. 1570.