Find the simple interest on Rs. 5150 for 1 years at 12% per annum.
- A. Rs. 753
- B. Rs. 720
- C. Rs. 618 ✓
- D. Rs. 524
Correct answer
C. Rs. 618
Explanation
SI = (P x R x T)/100 = (5150 x 12 x 1)/100 = Rs. 618.
C. Rs. 618
SI = (P x R x T)/100 = (5150 x 12 x 1)/100 = Rs. 618.