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