Question

*What will be the simple interest for Rs 15000 for 4 years at the rate of 7.5 p.c.p.a.?*

1️⃣ Rs 15000
2️⃣ Rs 7500
3️⃣ Rs 4500
4️⃣ Rs 4000​

Answer 1

15000×7.5×4÷100

S.I=4500