issb mathematics MCQ #206

Simple interest on Rs 2000 at 5% for 2 years is:

issb mathematics MCQ #206

  1. Question 1

    Q1. Simple interest on Rs 2000 at 5% for 2 years is:

    • A) Rs 100
    • B) Rs 200
    • C) Rs 250
    • D) Rs 300

    Answer: Rs 200

    Explanation: SI equals P times R times T over 100. That is 2000 times 5 times 2 over 100, which is 200.