Question

What would be the simple in-
terest obtained on an amount of
Rs 8,930 at the rate of 8 p.c.p.a
after 5 years?
(1) Rs.5,413 (2) Rs. 2,678
(3) Rs. 3,572 (4) Rs. 4,752
(5) None of these​

Answer 1

Answer:

3

Step-by-step explanation:

S.I =PTR/100

S.I= (8930×5×8)/100

S.I= Rs. 3572

Answer 2

we know , SI =PXRXT/100. =)8930*8*5/100= 3572