issb mathematics MCQ #466

Simple interest on 5000 at 10% for 2 years?

issb mathematics MCQ #466

  1. Question 1

    Q1. Simple interest on 5000 at 10% for 2 years?

    • A) 500
    • B) 1000
    • C) 1500
    • D) 2000

    Answer: 1000

    Explanation: SI equals P times R times T over 100 so 5000 times 10 times 2 over 100 is 1000.