a) ₹ 125
b) ₹ 150
c) ₹ 175
d) ₹ 135
correct answer is: a) ₹ 125
Explanation
Here,
Principal = ₹ 6250
Rate = 4 %
Time = 6 months or \frac{6}{12} or \frac{1}{2} years
We know, S.I. =\frac{p\times r\times t}{100}
\therefore Simple interest is =\left(\frac{6250\times4\times1}{100\times2}\right)
\rightarrow\ ₹ 125
Ans: ₹ 125 .
Another form of this specific question is:
1. How to calculate the simple interest on ₹6250 at 4% per annum for 6 months?
2. What is the simple interest on ₹6250 at 4% for half a year?
3. Calculating interest on ₹6250 with 4% per annum for 6 months – what’s the method?
4. How to find simple interest on ₹6250 with 4% interest rate for 6 months?
5. What is the formula to determine simple interest on ₹6250 at 4% for 6 months?