Find the simple interest on Rs. 8750 for 1 years at 10% per annum.
- A. Rs. 749
- B. Rs. 1083
- C. Rs. 875 ✓
- D. Rs. 767
Correct answer
C. Rs. 875
Explanation
SI = (P x R x T)/100 = (8750 x 10 x 1)/100 = Rs. 875.
C. Rs. 875
SI = (P x R x T)/100 = (8750 x 10 x 1)/100 = Rs. 875.