Find the simple interest on Rs. 750 for 2 years at 12% per annum.
- A. Rs. 180 ✓
- B. Rs. 207
- C. Rs. 151
- D. Rs. 147
Correct answer
A. Rs. 180
Explanation
SI = (P x R x T)/100 = (750 x 12 x 2)/100 = Rs. 180.
A. Rs. 180
SI = (P x R x T)/100 = (750 x 12 x 2)/100 = Rs. 180.