Teaching Uttarakhand TET (UTET) Paper 1 & Paper 2 Mock Test 2024 Quantitative Aptitude Interest Simple Interest
A sum of ₹1,250 is lent on simple interest at a rate of \(5 \frac{1}{2} \%\) per annum for three years. Find the interest (in ₹).
1
210.25
2
215.75
3
206.25
4
200.00