Question
What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of `6 1/4` % p.a.
Answer: Option A
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Time = 9 months = `3/4` years.
`:.` S.I. = Rs. `(16800 xx 25/4 xx 3/4 xx 1/100)` = Rs. 787.50
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