Q. The rate of interest is 8% per annum. What will be the simple interest in 6 months on Rs. 3000?
✅ Correct Answer: (B)
Rs. 120
Explanation: Time = 0.5 years. SI = 3000×8×0.5/100 = 120.
Explanation by: Mr. Dubey
Time = 0.5 years. SI = 3000×8×0.5/100 = 120.