Find the simple interest on Rs. 2500 at 8% per annum for 4 years.

ARs. 600

BRs. 700

CRs. 800

DRs. 900

Explanation

Simple Interest = (P * R * T)/100 = (2500 * 8 * 4)/100 = 800.

Exam Relevance

Topic: Interest
Subtopic: Simple Interest

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