The interest on Rs. $900$ for $9$ months at $6 %$ per annum is

Rs.

40.00

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Rs.

40.75

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Rs.

40.50

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Rs.

40.25

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Solution

The correct option is C Rs. $40.50$
Interest Rate $= 6 %$ per Annum
Interest gained after $1$ year $= \frac{900 \times 6 \times 1}{100}$
$= 54$
Interest gained after $9$ months $= \frac{9}{12} \times 54$
$=$ Rs. $40.50$

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The interest on Rs. 900 for 9 months at 6% per annum is

The correct option is C Rs. 40.50Interest Rate =6% per AnnumInterest gained after 1 year =900×6×1100 =54Interest gained after 9 months =912×54 = Rs. 40.50

The interest on Rs. $900$ for $9$ months at $6 %$ per annum is

The correct option is C Rs. $40.50$
Interest Rate $= 6 %$ per Annum
Interest gained after $1$ year $= \frac{900 \times 6 \times 1}{100}$
$= 54$
Interest gained after $9$ months $= \frac{9}{12} \times 54$
$=$ Rs. $40.50$