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Find the Simple Interest on Rs 450 for 2.5 years at rate of 3% per annum?1. Rs. 352. Rs. 45.53. Rs. 604. Rs. 33.75 |
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Answer» Correct Answer - Option 4 : Rs. 33.75 Given: Principal = Rs. 450 Time = 2.5 years Rate of interest = 3% Formula used: S.I = PRT/100 Calculation: S.I = Rs. (450 × 2.5 × 3)/100 ⇒ Rs. 33.75 ∴ The required S.I is Rs. 33.75 |
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