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Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.

  • A.Rs. 7804
  • B.Rs. 8979
  • C.Rs. 8046
  • D.Rs. 9009

Answer: D

P = Rs. 78000, R = 77/5 % p.a and T = 9/12 years = ¾ years
Therefore,
S.I = (P*R*T)/100
= (78000* 77/5 * ¾ * 1/100)
= Rs. 9009

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