Find the simple interest on Rs. 70000 at 7.5% per annum for 6 months.

Options
- Rs. 2586
- Rs. 2435
- Rs. 2625
- Rs. 2756

CORRECT ANSWER : Rs. 2625

Discussion Board
Sum

70000*7.5/100=5250
This is for 1year so we covert the answer in 1 month
5250/12=437.5
We need 6 months value, so multiply the answer by 6
437.5*6 =2625
Or
5250 for 12 months
5250/2=2625 for 6 months

Muruganantham M 03-4-2020 01:36 AM

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