Question

4) The simple interest on Rs. 2500 at 8% pa. for 2 years is
a) Rs. 200
b) Rs 500
c) Rs. 2900
d) Rs. 400​

Answer 1

Answer:

Hey buddy the correct answer is ( b ) Rs. 2900 .

Answer 2

8 percent of 2500 = 8/100×2500

= 200 per year

Simple Interest for 2 years = 200×2

= 400.Rs

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