Find the simple interest, if P = 800, Rate = 5% per annum and time = 4 years. (A) 160 (B) 170 (C) 180 (D) 190
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Answer:
SIMPLE INTEREST: PNR/ 100
: 800×4×5/100
: 1200×5/100
:6000/100=60
SIMPLE INTEREST = 60
Step-by-step explanation:
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Answered by
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Given:-
Principal = 800
Rate of interest = 5% per annum
Time = 4 years
To Find:-
Simple Interest
Explanation:-
⇒ Simple Interest =
⇒
800 cancels with 100 resulting answer 8
⇒
⇒ 160
∴ Simple Interest = 160
So Option a) 160 is correct answer
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