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Q: The simple interest on Rs. 25 for 4 months at the rate of 3 paise per rupee per month is :

  • 1
    240 paise
  • 2
    Rs. 1.40
  • 3
    Rs. 2.20
  • 4
    Rs. 3
  • Show Answer
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Answer : 4. "Rs. 3"
Explanation :

Answer: D) Rs. 3 Explanation: I = PTR/100I = 25 x 4 x 0.03/100I = 0.03 x 100 = 300 Ps = Rs. 3

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