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 How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest for a period of two years and six months?

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 How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest for a period of two years and six months?

A). Rs. 3770

B). Rs. 2850.50

C). Rs. 3587.50

D). 3750


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Answered by on | Votes 0 |

Rs. 3587.50



I = (8200 * 2.5 * 17.5)/100 = (8200 * 5 * 35)/(100 * 2 * 2) = Rs. 3587.50

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