Find the simple interest on Rs. 5200 for 2 years at 6% per annum.
A. Rs. 450 B. Rs. 524 C. Rs. 600 D. Rs. 624 Answer: Option DShow Answer
Solution(By Apex Team)
$\begin{array}{l}
\mathrm{P}=\text { Principal Amount } \\
\mathrm{T}=\text { Time period } \\
\mathrm{R}=\text { Rate of Interest } \\
I=\frac{P \times T \times R}{100} \\
I=\frac{5200 \times 2 \times 6}{100} \\
I=624 .
\end{array}$
