Question

Q. What is the simple interest on Rs 75000 at $16\frac{2}{3}\%$interest per annum for 8 months

• A. 750
• B. 775.6
• C. 822.5
• D. 833.3
• E. 850

Answer 1

The correct option is D 833.3

$SI=75000\times \frac{50}{3}\times \frac{2}{3}\times \frac{1}{100}=833.33$