Question

What is the simple interest on Rs. 1500 at a rate of 5% per annum for 4 years?
Ops: A. Rs. 300
B. Rs. 288
C. Rs. 210
D. Rs. 225​

Answer 1

option B.  

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Answer 2

Answer:

A. Rs 300

Step-by-step explanation:

Concept= Simple Interest

Given= The principal ,time and rate.

To find= The Simple Interest.

Explanation=

We have been given the question as what is the simple interest on Rs. 1500 at a rate of 5% per annum for 4 years?

A. Rs. 300

B. Rs. 288

C. Rs. 210

D. Rs. 225

So we have been given the:

Principal= Rs. 1500

Time= 4 years

Rate= 5%

To calculate the Simple Interest there is a very simple formula,

S.I= P*R*T/100

here P= Principal, R= Rate and T= Time

So by the given information we can easily calculate the Simple Interest.

SI= (1500*5*4)/100

=> 15*5*4

=> 300

S.I= Rs. 300

Therefore the simple interest is Rs. 300.

So the option A. Rs 300 is correct.

#SPJ2