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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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