Find the simple interest on Rs. 1650 for 3 years at 12% per annum.
- A. Rs. 594 ✓
- B. Rs. 737
- C. Rs. 551
- D. Rs. 711
Correct answer
A. Rs. 594
Explanation
SI = (P x R x T)/100 = (1650 x 12 x 3)/100 = Rs. 594.
A. Rs. 594
SI = (P x R x T)/100 = (1650 x 12 x 3)/100 = Rs. 594.