Q209
Damani purchased an item costing Rs. 7,500 and paid Rs. 3,500 as a down payment for the same. If the simple interest charged for the remaining amount is 9% per annum and Damani cleared all dues after 4 months of the purchase, how much did Damani pay after 4 months as interest?
A.
Rs. 120
AnswerB.
Rs. 100
C.
Rs. 132
D.
Rs. 125
Answer: Option A
Solution
Answer: Option A
Solution: