Find the simple interest on Rs. 10,000 at per annum for years.

Answer and explanation

Correct answer: A. Rs. 4,000

  1. Step 1: .
  2. Step 2: .
Answer
Rs. 4,000.
Why not the others: Rs. 14,000 is what you get if you give the total amount. Rs. 1,000 is what you get if you give one year's interest. Rs. 40,000 is what you get if you divide by instead of .

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