Find the simple interest on Rs. 6400 for 4 years at 2% per annum.
- A. Rs. 465
- B. Rs. 614
- C. Rs. 612
- D. Rs. 512 ✓
Correct answer
D. Rs. 512
Explanation
SI = (P x R x T)/100 = (6400 x 2 x 4)/100 = Rs. 512.
D. Rs. 512
SI = (P x R x T)/100 = (6400 x 2 x 4)/100 = Rs. 512.