1.

How much simple interest will Rs. 7254 earn in 30 months at 10% per annum?1). Rs. 2165.502). Rs. 36003). Rs. 19254). Rs. 1813.50

Answer»

<P>Simple Interest = PRT/100

Where P = Principal AMOUNT = Rs. 7254

R = Rate = 10% p.a.

T = Time = 30 MONTHS = 2.5 Years

Simple Interest = (7254 × 10 × 2.5)/100 = Rs. 1813.50


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