What will be the simple interest earned on an amount of Rs. 24,500 in 9 months at the rate of 3% p.a. ?

Options
- Rs. 554
- Rs. 556.56
- Rs. 551.25
- Rs. 545.56

CORRECT ANSWER : Rs. 551.25

Discussion Board
Hii

P=24500
T=9÷12=3÷4
R=3
S .I =ptr/100=(24500*3/4*3)/100

Niranjan 01-28-2021 07:35 AM

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