A sum of ₹ 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?

A sum of ₹ 4650 is lent at simple interest. If the rate of interest

1.	A sum of ₹ 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?
A.	₹ 1395
B.	₹ 1295
C.	₹ 1495
D.	₹ 1300
Answer» B. ₹ 1295

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A sum of ₹ 4650 is lent at simple interest. If the rate of interest is 7.5% per annum, then what will be the simple interest for 4 years?

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