Arithmeticeasy · Past Paper

What is the simple interest on Rs 4000 for 3 years at a rate of 5% per annum?

ARs 400
BRs 600
CRs 800
DRs 1200

✓ Correct Answer: BRs 600

Simple Interest (I) = (P*T*R)/100 = (4000*3*5)/100 = 600.

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