What is the simple interest of Rs. 1550 at the rate of 4% in 39 months?
Question
Aptitude Questions:
What is the simple interest of Rs. 1550 at the rate of 4% in 39 months?
As per given data, Pricipal = Rs. 1550
Rate = 4%
Time = 3(1/4) years = 13/4 years
Therefore SI = (1550 x 4 x 13)/(100 x 4) = Rs. 201.50
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