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    • Question

      Find the simple interest (in ₹) on ₹2500 as a sum

      borrowed at 7% per year rate of interest for 5 years. 
      A 915 Correct Answer Incorrect Answer
      B 815 Correct Answer Incorrect Answer
      C 835 Correct Answer Incorrect Answer
      D 875 Correct Answer Incorrect Answer

      Solution

      Given: Principal = ₹2500 Rate = 7% Time = 5 years Simple Interest = (P × R × T) ÷ 100 = (2500 × 7 × 5) ÷ 100 = 87500 ÷ 100 = ₹875

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