CUET Preparation Today
How much simple interest will a sum of Rs. 4800 earn at $10\frac{1}{2}$% per annum in 2 years 3 months? |
Rs. 918 Rs. 1134 Rs. 1234 Rs. 1256 |
Rs. 1134 |
We know that , Simple interest = \(\frac{P × R ×T }{100}\) 2 years 3 months = 2.25 years = \(\frac{4800 × 10.5 ×2.25 }{100}\) = Rs.1134 |
