- Have any questions?
- [email protected]
- Home
- Find the simple interest on Rs. 2400 at 10 % per annum for 7 months.
Question 1:
Find the simple interest on Rs. 2400 at 10 % per annum for 7 months. A. Rs. 120
B. Rs. 220
C. Rs. 140
Feedback Given
Principal : 2400
Rate of interest : 10
Number of months : 7
Simple interest = ( P * N * R ) / 100
Simple Interest for 1 year
= (2400 x 1 x 10) / 100
= ( 24000) / 100
= Rs 240
Simple Interest for 1 year = 240.
Simple interest for 7 months
= (7/12) x Simple Interest for 1 year
= (7/12) x 240
= 140.
Principal : 2400
Rate of interest : 10
Number of months : 7
Simple interest = ( P * N * R ) / 100
Simple Interest for 1 year
= (2400 x 1 x 10) / 100
= ( 24000) / 100
= Rs 240
Simple Interest for 1 year = 240.
Simple interest for 7 months
= (7/12) x Simple Interest for 1 year
= (7/12) x 240
= 140.
D. Rs. 160
These questions are from this test. Would you like to take a practice test?