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      Question

      Find the simple interest on Rs 4500 at 8% per annum for

      4 years.
      A 1265 Correct Answer Incorrect Answer
      B 1245 Correct Answer Incorrect Answer
      C 1440 Correct Answer Incorrect Answer
      D 1375 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Simple Interest = (P × R × T) ÷ 100 = (4500 × 8 × 4) ÷ 100 = (4500 × 32) ÷ 100 = 144000 ÷ 100 = 1440

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