Multiple choice

If $P=$Rs. $4,500$, $A=$Rs. $7,200$, then simple interest will be.

  1. Rs. $2,000$
  2. Rs. $3,000$
  3. Rs. $2,500$
  4. Rs. $2,700$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Simple interest is the difference between the amount (A) and the principal (P). Interest = 7,200 - 4,500 = 2,700.

AI explanation

The relationship between amount, principal, and simple interest is given by the formula Simple Interest = Amount - Principal. Substituting the given values into the formula, we get 7200 - 4500 = Rs 2700.

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