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    • Question

      A sum, when invested at 12(½)% simple interest per

      annum, amounts to ₹8,250 after 2 years. What is the simple interest?
      A ₹1,820 Correct Answer Incorrect Answer
      B ₹1,650 Correct Answer Incorrect Answer
      C ₹1,910 Correct Answer Incorrect Answer
      D ₹1,700 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let principal = P Amount = ₹8250, Rate = 12.5%, Time = 2 years Hence, SI = 8250 − 6600 = ₹1650 ​

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