Question

The simple interest on Rs. 4480 at 8% per annum for 3 years is
A) 1000
B) 2000
C) 2500
D) 1075.20​

Answer 1

Answer:

4480 at 8% per annum for 3 years. = Rs. ∴ S.I. for 2 years = Rs. Rs = = 100 450 150 300.

Answer 2

$\large {\frak {\underline {\underline { Given :}}}}$

• Principal = Rs. 4480
• Rate of interest = 8%
• Time = 3 years

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$\large {\frak {\underline {\underline { To ~find : }}}}$

• Simple Interest

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$\large {\frak {\underline {\underline { Solution :}}}}$

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ㅤ‎ㅤ‎$\large {\boxed {\frak {\red {Simple ~ Interest = \dfrac { P \times R \times T }{100}}}}}$

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ㅤ‎ㅤ‎ㅤ‎ㅤ$\small {\frak {\underline {\underline {\pink { Substituting ~ the ~ values ~ in ~ formula :- }}}}}$

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$\implies \sf { S.I = \dfrac { 4480 \times 8 \times 3}{100}}$

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$\implies \sf { S.I = \dfrac { 4480 \times 24}{100}}$

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$\implies \sf { S.I = \dfrac {107,520}{100}}$

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$\implies \sf { S.I = 1075.2}$

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Therefore, Opt. D is correct.