Arithmeticeasy · Past Paper

Calculate the simple interest on Rs. 5000 at a 10% annual rate for 2 years.

ARs. 500
BRs. 1000
CRs. 1500
DRs. 2000

✓ Correct Answer: BRs. 1000

I = (5000 * 2 * 10) / 100 = 1000.

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