What will be the simple interest earned on an amount of Tk. 16,800 in 9 months at the rate of 6(1/4)% p.a?

A    Tk. 812.50

B    Tk. 787.50

C    Tk. 860

D    Tk. 887.50

Solution

Correct Answer: Option B

Practice More Questions on Our App!

Download our app for free and access thousands of MCQ questions with detailed solutions

Download Android App Login to Website

Related Topics