Question Details

Detailed explanation and options for the selected question.

The simple interest on Rs. 4000 at 5% per annum for 2 years is:

A. Rs. 400

B. Rs. 300

C. Rs. 500

D. Rs. 450

Explanation:

SI = P×R×T/100 = 4000×5×2/100 = Rs. 400. Other options miscalculate.

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