Find the simple interest on Rs. 27,000 at per annum for 8 months.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹2,640.
According to the given question,
⇒ SI = 30 × 88
⇒ SI = 2640
Hence the simple interest is ₹2,640.