Question

If the principal amount is 2000 is deposited in a tank at a rate of $10\%$ interest then calculate the simple interest if
(a) Time = 2 years
(b) Time = 3 years
(c) Time = 4 years

• A. Rs. 400
• B. Rs. 200
• C. Rs. 600
• D. Rs. 800

Answer 1

Answer: (A), (C), (D)

The correct options are
A Rs. 400
C Rs. 600
D Rs. 800

t = 2 years
Simple Interest$=\frac{P\times R\times T}{100}$
$=\frac{200\text{/}0\times 1\text{/}0\times 2}{1\text{/}00}$
$=Rs.400$

t = 3 years
$S.I=\frac{P\times R\times T}{100}=\frac{200\text{/}0\times 1\text{/}0\times 3}{1\text{/}00}=Rs.600$

t= 4 years
$SI=\frac{P\times R\times T}{100}=\frac{200\text{/}0\times 1\text{/}0\times 4}{1\text{/}00}=Rs.800$