Question

Q1.
How much simple interest
will be payable on the amount of Rs 3200
borrowed for 2 years at 8% per annum ?
a) 560 ruppees
b) 512 ruppees
c) 412 ruppees
d) 360 ruppees​

Answer 1

I think answer is 560 ruppees

Answer 2

Answer:

it is =

(3200)(2)(8)/100=512