The simple interest of Rs 6500 for $1\frac{1}{2}$ years at 10% is
Answer & explanation
Correct answer: option 4
P = 6500
R = 10% p.a.
T = 1.5 years
Simple interest = 6500*10*1.5/100 = 975
The correct answer is Option (4) → 975
The simple interest of Rs 6500 for $1\frac{1}{2}$ years at 10% is
Correct answer: option 4
P = 6500
T = 1.5 years
Simple interest = 6500*10*1.5/100 = 975
The correct answer is Option (4) → 975