A principal amount of ₹4800 is invested at an annual simple interest rate of 8 1 2 % 8\frac{1}{2}% 8 2 1 ​ % . Calculate the interest earned over a pe...

Question

A principal amount of ₹4800 is invested at an annual simple interest rate of

812%8\frac{1}{2}%
. Calculate the interest earned over a period of 2 years and 3 months.

Options

A.

796rs

B.

816rs

C.

918rs

D.

956rs

interest calculationpercentagetime conversion

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