What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?

Asked 18-Sep-2019

Viewed 2694 times

0

What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?

a) Rs. 280

b) Rs.240

c) Rs.250

d) Rs. 220

asked by Anonymous User in mathematics

Answer Add comment

1 Answer

0

Answer - (b) 240

Explanation: Simple Interest = P×R× T/100
(2000×4×3)/100 = Rs.240

answered 05-Oct-2019 by Anonymous User