Find the simple interest on Rs. 5500 for 6 years at 10% per annum.
- A. Rs. 2875
- B. Rs. 3300 ✓
- C. Rs. 2690
- D. Rs. 4039
Correct answer
B. Rs. 3300
Explanation
SI = (P x R x T)/100 = (5500 x 10 x 6)/100 = Rs. 3300.
B. Rs. 3300
SI = (P x R x T)/100 = (5500 x 10 x 6)/100 = Rs. 3300.