Question

Simple interest of Rs. 4,500/- at the rate
of 8% p.a. for 3 years is
(1 Point)
O Rs. 1,080/-
Rs. 450/-
Rs. 108/-
Rs. 360/-​

Answer 1

Rs. 1,080

8 % of 4500

8*4500/100= 360

Rs. 360 for 1 year

Now for 3 years

360*3=1080

Rs.1, 080 answer