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Basic Mathematics QUESTION #2839
Question 1
Find the Simple Interest on Rs. 8000 at \(6\%\) per annum for 3 years.
  • Rs. 1380
  • Rs. 1440✔️
  • Rs. 1500
  • Rs. 1560
Correct Answer Explanation
Simple Interest \(= \dfrac{P \times R \times T}{100} = \dfrac{8000 \times 6 \times 3}{100} = \dfrac{144000}{100} = Rs.\ 1440\).