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Find the simple interest due after 120 days for Rs. 4800 at 10%?1. 157.802. 1573. 156.014. 124.93 |
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Answer» Correct Answer - Option 1 : 157.80 Given: Number of days = 120 days Principal = Rs 4800 Rate of interest = 10% Concept used: Simple interest, SI = P × R × T/100 Calculation: SI = 4800 × (120/365) × (10/100) = Rs. 157.80 ∴ The simple interest obtained is Rs 157.80. |
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