Arithmeticeasy · Past Paper

Interest paid on Rs 200 for 3 months at 12% p.a. is:

ARs 6
BRs 12
CRs 18
DRs 24

✓ Correct Answer: ARs 6

T = 3/12 = 0.25 years. I = (200*0.25*12)/100 = 2*3 = 6.

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