Question

Find the simple interest (in ₹) on ₹3000 as a sum borrowed at 9% per year rate of interest for 3 years.

• A. 770
• B. 850
• C. 750
• D. 810

Answer 1

Answer:

D. 810

Use the simple interest formula:
$SI = \frac{P \times R \times T}{100}$

Substitute:
$SI = \frac{3000 \times 9 \times 3}{100}$

$SI = \frac{81000}{100} = 810$

Final Answer: ₹810