Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 9% per year rate of interest for 6 years.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e 1350.
SI = (P × R × T)/100
⇒ SI = (2500 × 9 × 6)/100 = 135000/100 = ₹1350