Find the simple interest on Rs. 17850 for 3 years at 3% per annum.
- A. Rs. 1691
- B. Rs. 1734
- C. Rs. 1983
- D. Rs. 1606 ✓
Correct answer
D. Rs. 1606
Explanation
SI = (P x R x T)/100 = (17850 x 3 x 3)/100 = Rs. 1606.
D. Rs. 1606
SI = (P x R x T)/100 = (17850 x 3 x 3)/100 = Rs. 1606.