How much interest will be earned on Rs. $200$ at $6 %$ simple interest for $2$ years?

200

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24

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260

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280

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Solution

The correct option is D $24$
$P = Rs 200, R = 6% and T = 2 years$
$S.I = (PxRxT)/100 = (200 \times 6 \times 2)/100 = 2 \times 12 = Rs.24$

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How much interest will be earned on Rs. 200 at 6% simple interest for 2 years?

The correct option is D 24P = Rs 200, R = 6% and T = 2 yearsS.I = (PxRxT)/100 = (200 × 6 × 2)/100 = 2 × 12 = Rs.24

How much interest will be earned on Rs. $200$ at $6 %$ simple interest for $2$ years?

The correct option is D $24$
$P = Rs 200, R = 6% and T = 2 years$
$S.I = (PxRxT)/100 = (200 \times 6 \times 2)/100 = 2 \times 12 = Rs.24$