What is the simple interest (in ₹) on ₹8000 at per annum for years?

Answer and explanation

Correct answer: C. 1920

  1. Step 1: State the principal sum , annual interest rate , and duration .
  2. Step 2: Apply the standard simple interest formula: .
  3. Step 3: Substitute the values and compute: .
Answer
1920.

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