Simple interest earned on a sum of ₹ 800 at the end of 2 years and 6 months at the rate of 10 % per annum is .

₹ 200

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₹ 300

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₹ 150

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₹ 100

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Solution

The correct option is A ₹ 200
Simple Interest at the end of 't' years is given by $\frac{P r i n c i p a l \times R a t e \times T i m e}{100}$ .

Given, Principal = ₹ 800 and rate = 10% and time = 2 years and 6 months = 2.5 years.

Hence, the simple Interest at the end of 2.5 years = $\frac{800 \times 10 \times 2.5}{100}$ = ₹ 200.

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Simple interest earned on a sum of ₹ 800 at the end of 2 years and 6 months at the rate of 10 % per annum is .

The correct option is A ₹ 200Simple Interest at the end of 't' years is given by Principal× Rate× Time100. Given, Principal = ₹ 800 and rate = 10% and time = 2 years and 6 months = 2.5 years. Hence, the simple Interest at the end of 2.5 years = 800× 10× 2.5100 = ₹ 200.