CUET Preparation Today
Find the value of the interest earned on a sum of ₹6,000 for 5 years at 8.4% simple interest rate per annum. |
₹2,520 ₹2,252 ₹2,220 ₹2,250 |
₹2,520 |
Simple Interest = \(\frac{Principal ×Rate × Time }{100}\) = \(\frac{6000 × 8.4 × 5 }{100}\) = Rs.2520 |
