Question

How much interest will a sum of ₹37,500 lent out at 12 per cent p.a. on simple interest for 2 years will
produce? (2)

Answer 1

Answer:

here's your answer mate

Answer 2

Answer:

9 lakhs

Step-by-step explanation:

Simple Interest = Principal X Rate of Interest X Time period

SI = 37500 X 12 X 2

SI = 900000 = 9L