Question

-
The simple interest on Rs. 300 ar
6% per annuam for 25 years is
equal to :
A. Rs. 18 B. Rs. 36
C. Rs. 40 D. Rs. 45​

Answer 1

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• Principal = Rs 300
• Rate = 6%
• Time = 25 years

★ Simple interest = ( P × R × T )/100

→ S.I = ( 300 × 6 × 25 )/100

→ S.I = 3 × 6 × 25

→ S.I = 450

∴ Simple interest = Rs 450