Question

Simran deposited 12,500 rupee in a bank, which pays simple interest at 8% per annum. What is the interest she will receive at the end of 4 years.

Answer 1

4,000 is the answer of this question

Answer 2

Principal = 12,500
Rate% = 8%
Time= 4 years
$simple \: interest = \frac{pricipal\times rate\times time}{100}$
S.I. = 12500 × 8 ×4 / 100 = 4000
Therefore, Interest received = Rs.4000

Hope this helps....