Q. What is the simple interest on Rs. 2000 for 6 months at 8% per annum?
✅ Correct Answer: (A)
Rs. 80
Explanation: T = 6 months = 0.5 year. SI = (2000×8×0.5)/100 = (2000×4)/100 = 80. Option2 would be for 1 year at 8% (160). Option3 & Option4 are incorrect.
Explanation by: Mr. Dubey
T = 6 months = 0.5 year. SI = (2000×8×0.5)/100 = (2000×4)/100 = 80. Option2 would be for 1 year at 8% (160). Option3 & Option4 are incorrect.