What sum of money must be given as simple interest for six months at 4% per annum in order to earn 150 Rs. interest?
What sum of money must be given as simple interest for six months at 4% per annum in order to earn 150 Rs. interest?
[A]5000 Rs.
[B]7500 Rs.
[C]10000 Rs.
[D]15000 Rs.
7500 Rs.
Hence option [B] is correct answer.
