The simple interest on a certain sum is \(11\frac{1}{9} \) % of the – McqOptions

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1.	The simple interest on a certain sum is \(11\frac{1}{9} \) % of the sum and the number of years is equal to the rate percent per annum. What will be the simple interest on a sum of Rs. 12600 at the same rate for \(2\frac{4}{5}\) years?
A.	₹1216
B.	₹1224
C.	₹1176
D.	₹1164
Answer» D. ₹1164

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