A lends a loan amount of Rs. 2,50,000 to B at the simple interest of 6% per annum for a year. What is the total amount (in Rs.) of interest paid by B?

A lends a loan amount of Rs. 2,50,000 to B at the simple interest of 6

1.	A lends a loan amount of Rs. 2,50,000 to B at the simple interest of 6% per annum for a year. What is the total amount (in Rs.) of interest paid by B?
A.	15,000
B.	12,000
C.	16,500
D.	52,500
Answer» B. 12,000

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A lends a loan amount of Rs. 2,50,000 to B at the simple interest of 6% per annum for a year. What is the total amount (in Rs.) of interest paid by B?

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