📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      A sum of Rs 6,000 is invested at 8% simple interest per

      annum. What will be the interest earned in 2.5 years?
      A 1050 Correct Answer Incorrect Answer
      B 1325 Correct Answer Incorrect Answer
      C 1200 Correct Answer Incorrect Answer
      D 1500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, SI = (P × R × T)/100 = (6,000 × 8 × 2.5) / 100 = 6,000 × 20 / 100 = 6,000 × 0.2 = 1,200

      Practice Next
      More Simple and compound interest Questions

      Relevant for Exams:

      ask-question