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Find the simple interest on ₹1500 at 4% per annum for 5 years.

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Question ID #13962

Correct Answer: C. ₹300

Question: Find the simple interest on ₹1500 at 4% per annum for 5 years.

A. ₹200

B. ₹250

C. ₹300

D. ₹350

Correct Answer: C. ₹300

Find the simple interest on ₹1500 at 4% per annum for 5 years. - MCQ Explanation

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Correct answer: C. ₹300