What is the simple interest (in ₹) on ₹8000 at per annum for years?
Answer and explanation
Correct answer: C. 3200
- Step 1: Identify the principal , annual simple rate , and time period .
- Step 2: State the simple interest formula: .
- Step 3: Compute: .
Answer
3200.
Practise more Simple and compound interest.
Free questions with an explanation for every one, and full timed SSC CGL mock tests.
More Simple and compound interest questions
- What is the simple interest (in ₹) on ₹8000 at per annum for years?
- What is the simple interest (in ₹) on ₹1000 at per annum for years?
- What is the simple interest (in ₹) on ₹4000 at per annum for years?
- What is the simple interest (in ₹) on ₹1000 at per annum for years?
- What is the simple interest (in ₹) on ₹5000 at per annum for years?
- What is the compound interest (in ₹) on ₹10000 at per annum for 2 years, compounded annually?