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What will be the simple interest earned ...

What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of `6(1)/(4)%` ?

A

Rs. 787.50

B

Rs. 812.50

C

Rs. 860

D

Rs. 887.50

Text Solution

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The correct Answer is:
A
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Knowledge Check

  • What should be the simple interest obtained on an amount of rs 5,760 at the rate of 6% p.a. after 3 years?

    A
    Rs 1036.80
    B
    Rs 1666.80
    C
    Rs 1336.80
    D
    Rs 1063.80

  • If in 2 years at simple interest the principal increases by 16% , what will be the compound interest earned (in Rs.) on Rs. 25,000 in 2 years at the same rate?

    A
    `4000`
    B
    `2160`
    C
    `2000 `
    D
    `4160 `

  • What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 6 years and that for 9 years ?

    A
    2:3
    B
    1:4
    C
    1:3
    D
    Data inadequate

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