Question

Jones deposits Rs. $2400$ and got back an amount of Rs. $5000$ after a year. Find the simple interest he got.

• A. $2500$
• B. $2600$
• C. $2700$
• D. $2800$

Answer 1

The correct option is B $2600$

$\Rightarrow$ Here, $P=Rs.2400$ and $A=5000$

$\Rightarrow$ $S.I.=A-P$

$\Rightarrow$ $S.I.=Rs.5000-Rs.2400$

$\Rightarrow$ $S.I.=Rs.2600.$

$\therefore$ Simple interest john got is $Rs.2600$.