Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 4% per year rate of interest for 6 years.

1. A.640
2. B.560
3. C.540
4. D.600✓ Correct

More Simple Interest questions

• → Disha invested an amount of ₹20,000 for 9 years at a simple interest per annum and obtained the total amount o…
• → Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 8% per year rate of interest for 5 years.
• → What sum (in ₹) will earn a simple interest of ₹240 in 4 years at 20% per year rate of interest?