railway DFCCIL MTS 2025 Mock Test Series Quantitative Aptitude Interest Simple Interest

What is the simple interest on a sum of Rs. 99,000 at \(12\frac{1}{2}\%\) per annum for a period of 9 months?

1
Rs. 8,281.25
2
Rs. 9,281.25
3
Rs. 9,282.25
4
Rs. 7,281.25
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