Algebra Q#28

0. Find the SI on 16000 Rs for 3 yr 3
months at per annum.

  • Option : C
  • Explanation : Given, P = 16000 Rs, T = 3 yr
    3 months = =13/4 yr R= = 9/2 %. Simple interest = PRT/100 = (16000 x 9 x 13)/(100 x 2 x 4) = 2340Rs
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