The amount of simple interest on a sum of Rs. 4800 at the rate of 5% per annum simple interest in 2 1/2…
Simple Interest \(\text{SI} = \frac{P \times R \times T}{100} = \frac{4800 \times 5 \times 2.5}{100} = \text{Rs. } 600\).
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The amount of simple interest on a sum of Rs. 4800 at the rate of 5% per annum simple interest in 2 1/2 years will be :
Answer and explanation
Correct answer D
Simple Interest .
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Rajasthan Clerk Grade 2