Discussion
Find the simple interest on Rs.500 for 9 months at 6 paisa per month?
Answer: B
"6 paisa per month" means 6 paise on each rupee each month, or 6% per month.
\[ \text{SI} = 500 \times \frac{6}{100} \times 9 \]
\[ = 500 \times 0.06 \times 9 = \text{Rs. } 270 \]
The rate is already monthly, so the nine months are used directly - no conversion to years is needed.
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