Find the simple interest on Rs. 19650 for 1 years at 11% per annum.
- A. Rs. 2464
- B. Rs. 2339
- C. Rs. 1839
- D. Rs. 2162 ✓
Correct answer
D. Rs. 2162
Explanation
SI = (P x R x T)/100 = (19650 x 11 x 1)/100 = Rs. 2162.
D. Rs. 2162
SI = (P x R x T)/100 = (19650 x 11 x 1)/100 = Rs. 2162.