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Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 9% per year rate of interest for 4 years.

A900

B860

C840

D940

Answer:

A. 900

Read Explanation:

Use the simple interest formula:

Simple Interest = (P × R × T) / 100

Here,
P = 2500, R = 9%, T = 4 years

SI = (2500 × 9 × 4) / 100
SI = 90000 / 100 = ₹900

Final Answer: ₹900


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