Find the simple interest on Rs. 19300 for 1 years at 12% per annum.
- A. Rs. 2614
- B. Rs. 1813
- C. Rs. 2842
- D. Rs. 2316 ✓
Correct answer
D. Rs. 2316
Explanation
SI = (P x R x T)/100 = (19300 x 12 x 1)/100 = Rs. 2316.
D. Rs. 2316
SI = (P x R x T)/100 = (19300 x 12 x 1)/100 = Rs. 2316.