Question

what is the simple interest of ru 7500 at 8 rate p.c.p.a. for 3 month?
1] ru 600
2]ru 1200
3]ru 6000
4]ru 1800​

Answer 1

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Principle ( P ) = Rs 75

Rate ( R ) = 8% p. a

Time ( T ) = 3 months

= 1/4 year = 0.25 year

So, Simple interest = P*R*T /100

S. I. = 75 * 8 * 0.25/100

S. I. = 150/100

S. I. = Rs 1.50

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Answer 2

S.I= p*r*t/100

= 7500*8*3/100

= 1800