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What is the simple interest on ₹6,000 at 5% per annum for 4 years?

1041Medium DSSSB TGT Computer Science 0 replies 1 views
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What is the simple interest on ₹6,000 at 5% per annum for 4 years?

  • A₹1,200
  • B₹1,000
  • C₹1,500
  • D₹1,800
Correct answer: A

Explanation

SI = P × R × T/100 = 6000 × 5 × 4/100 = ₹1,200.

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