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Find the simple interest (in Rs.) on Rs. 1,200 at an interest rate of 3% per month in 6 months.​
Question

Find the simple interest (in Rs.) on Rs. 1,200 at an interest rate of 3% per month in 6 months.​

A.

38

B.

18

C.

216

D.

36

Correct option is C

Given:

Principal (P) = Rs. 1200

Rate of interest (R) = 3% per month

Time (T) = 6 months

Formula Used:

Simple Interest (SI) = P×R×T100\frac{P \times R \times T}{100}​​

Solution:

SI = 1200×3×6100 \frac{1200 \times 3 \times 6}{100}​​

12×18 12 \times 18​​

= 216

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