The simple interest on Rs 7200 at 14% per annum for 7 years is:

The correct answer is Option (2) → 7056

To calculate the simple interest, we use the formula:

$SI = \frac{P \times R \times T}{100}$

Where:

• $P$ (Principal) = Rs 7200
• $R$ (Rate of interest) = 14% per annum
• $T$ (Time) = 7 years

Substituting the values into the formula:

$SI = \frac{7200 \times 14 \times 7}{100}$

$SI = 72 \times 14 \times 7$

$SI = 72 \times 98$

$SI = 7056$

The simple interest on Rs 7200 at 14% per annum for 7 years is Rs 7056.