Question

Find the simple interest, if $P=$ Rs. $500,R=4\%$ p. a. & $T=$ $2\frac{1}{2}$ years

• A. Rs. $20$
• B. Rs. $25$
• C. Rs. $40$
• D. Rs. $50$

Answer 1

The correct option is D Rs. $50$

Given, $P=$ Rs. $500$ , R $=4$ per year, $T=$ $2\frac{1}{2}$Years
S.I $=\frac{p\times T\times R}{100}$
$=\frac{500\times 5\times 4}{100\times 2}$
$=5\times \times 5\times 2$

$=50$