Find the simple interest on Rs. 16200 for 4 years at 6% per annum.
- A. Rs. 3025
- B. Rs. 3888 ✓
- C. Rs. 3552
- D. Rs. 3665
Correct answer
B. Rs. 3888
Explanation
SI = (P x R x T)/100 = (16200 x 6 x 4)/100 = Rs. 3888.
B. Rs. 3888
SI = (P x R x T)/100 = (16200 x 6 x 4)/100 = Rs. 3888.