What is the simple interest on Rs. 5000 at 8% per annum f... — Answer & Explanation | PrepBeePakistan

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MEDIUMENGLISHMathematics

What is the simple interest on Rs. 5000 at 8% per annum for 2 years?

Correct answer: C

Explanation

Simple interest = PRT/100 = 5000 x 8 x 2 / 100 = Rs. 800.

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