Find the simple interest on Rs. 19600 for 6 years at 6% per annum.
- A. Rs. 5627
- B. Rs. 6081
- C. Rs. 7681
- D. Rs. 7056 ✓
Correct answer
D. Rs. 7056
Explanation
SI = (P x R x T)/100 = (19600 x 6 x 6)/100 = Rs. 7056.
D. Rs. 7056
SI = (P x R x T)/100 = (19600 x 6 x 6)/100 = Rs. 7056.