1.

Find the simple interest due after 120 days for Rs. 4800 at 10%?1. 157.802. 1573. 156.014. 124.93

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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