Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.
| Question | Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months. | |
| Type | multiple_choice | |
| Option | Rs. 7804 | incorrect |
| Option | Rs. 8979 | incorrect |
| Option | Rs. 8046 | incorrect |
| Option | Rs. 9009 | correct |
| Solution | P = Rs. 78000, R = 77/5 % p.a and T = 9/12 years = ¾ years Therefore, S.I = (P*R*T)/100 = (78000* 77/5 * ¾ * 1/100) = Rs. 9009 | |