Q. What will be the simple interest on ₹5000 at 10% per annum for 2 years?
✅ Correct Answer: (A)
₹1000
Explanation: SI = (P × R × T) / 100 = (5000 × 10 × 2) / 100 = ₹1000.
Explanation by: Deepak Sahoo
SI = (P × R × T) / 100 = (5000 × 10 × 2) / 100 = ₹1000.