alleryStart learning →Simple Interest on ₹5000 at 8% per annum for 3 years is:
- ₹2000
- ₹1500
- ₹1000
- ₹1200
Show answer and solution
Correct answer: D. ₹1200
1. SI = P·R·T/100 = 5000·8·3/100.
2. = 1200.
_Source: TSICET 2024 PYQ Q.87 (Shift 1, Simple Interest)_
XAT Simple Interest — practice questions
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