Question

3. What will be the simple interest on 31000 for 2 years at 8% per annum?
a. 180
b. 340
c. 3120
d. None of these
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Answer 1

Answer:

The answer is 4960

Step-by-step explanation:

D. None of these

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Answer 2

Step-by-step explanation:

$interest = \frac{pnr}{100} \\ interest = \frac{31000 \times 2 \times 8}{100} \\ interest = 310 \times 16 \\ interest = 4960 \\ \\ therefore \: answer \: is \: none \: of \: these$