Q. What is the simple interest on ₹5000 at 8% per annum for 2 years?

  • (A) ₹600
  • (B) ₹650
  • (C) ₹800
  • (D) ₹900
✅ Correct Answer: (C) ₹800
Explanation: (P × R × T) / 100 = (5000 × 8 × 2) / 100 = 800.
Explanation by: Ankit Singh
(P × R × T) / 100 = (5000 × 8 × 2) / 100 = 800.

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