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How much is the simple interest earned on R 75 for 3 months at 8 p.c.p.a.?(1) 1.05 (2) 18 (3) 15 (4) 1.503. |
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Answer» Principle is Rs 75Rate is 8% p. aTime is 3 monthsSo, Simple interest = P*R*T /100S. I. = 75 * 8 * 0.25 /100S. I. = 150/100S. I. = Rs 1.50 |
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