Find the simple interest (in Rs.) on Rs.1,500 at a 3% monthly interest rate for 7 months.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) 315
  2. (B) 26.25
  3. (C) 52.5
  4. (D) 46.25

Verified Answer

Option (A): 315


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