Question

*What is the simple interest of Rs 7500 at 8 rate p.c.p.a. for 3 years?*

1️⃣ Rs 600
2️⃣ Rs 1200
3️⃣ Rs 6000
4️⃣ Rs 1800​

Answer 1

Answer:

4) 1800

Step-by-step explanation:

Simple Interest= (Principal×Rate of Interest×Time)/100

In this case, Principal=7500

Rate of Interest= 8%

Time=3 years

Hence, Simple Interest= 7500×8×3/100

= 75×8×3 =1800

Answer 2

Answer:

4th option is your write answer

Step-by-step explanation: