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.
$latex P\ = \frac{150\times 100}{4}\times \frac{2}{1}&s=1$
$latex P = 7500 Rs.$
Hence option [B] is correct answer.


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