Question

33. Find the simple interest for the sum of Rs.1000 at 6% p.a. for 8 months?
O A. Rs. 124
O B. Rs.120
O C. Rs.104
O D. Rs. 40​

Answer 1

Answer:

Rs.40

Step-by-step explanation:

1000×6×8/100×12

10×2×2

10×4

40

Your ans is Rs.40

Answer 2

Answer:

The Simple Interest is Rs.$40$.

Step-by-step explanation:

It is given that Principal is $P=Rs.1000$.

Rate of interest, $r=6$% per annum

Time is $t=8$months

Converting it in year

$t=8/12=2/3$years

We need to calculate Simple Interest.

It's formula is

$SI=\frac{P*R*T}{100}$

Putting values

$SI=\frac{1000*6*2/3}{100}$

$SI=40$

Simple Interest is $Rs.40$.

Option (D) is correct.

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