Simple interest on $R s .1000$ for $2$ years at the rate of $5$ per annum is:

R s .100

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R s .120

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R s .140

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R s .80

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Solution

The correct option is A $R s .100$
Given, principle (P) = 1000 /-
Time (t) = 2 years.
Rate of interest (r) = 5 %
We know, simple interest $= \frac{P . t . r}{100}$
$∴ S . I . = \frac{100 \times 2 \times 5}{100} = 100 / -$
$∴$ Simple interest is Rs. 100
$∴$ option A is correct.

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Similar questions

Q. Write 'T' for true and 'F' for false

(i) Simple interest on Rs x for x years is Rs x. Then, the rate of interest is x% per annum.
(ii) Rate =

\frac{100 \times SI}{P \times T}

.
(iii) A sum doubles itself at simple interest at 10% per annum in 10 years.
(iv) Simple interest on Rs 1000 at 5% per annum for 73 days is Rs 10.

Find the simple interest, when:
(i) Principal $= R s .2000$ , Rate of Interest $= 5 %$ per annum and Time $= 5$ years.
(ii) Principal $= R s .500$ , Rate of Interest $= 12.5 %$ per annum and Time $= 4$ years.
(iii) Principal $= R s .4500$ , Rate of Interest $= 4 %$ per annum and Time $= 6$ months.
(iv) Principal $= R s .12000$ , Rate of Interest $= 18 %$ per annum and Time $= 4$ months.
(v) Principal $= R s .1000$ , Rate of Interest $= 10 %$ per annum and Time $= 73$ days.

What is the rate of simple interest per annum if, Rs 1000 amounts to Rs 1900 in 3 years?

Q. If Rs 80 amounts to Rs 140 in 4 years, what will Rs 96 amount to in 10 years at the same rate of interest per annum?

Q. Find simple interest on

R s .5000

for 2 years at

5

% per annum.

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Simple interest on Rs.1000 for 2 years at the rate of 5 per annum is:

The correct option is A Rs.100Given, principle (P) = 1000 /-Time (t) = 2 years.Rate of interest (r) = 5 %We know, simple interest =P.t.r100∴S.I.=100×2×5100=100/− ∴ Simple interest is Rs. 100∴ option A is correct.

Simple interest on $R s .1000$ for $2$ years at the rate of $5$ per annum is:

The correct option is A $R s .100$
Given, principle (P) = 1000 /-
Time (t) = 2 years.
Rate of interest (r) = 5 %
We know, simple interest $= \frac{P . t . r}{100}$
$∴ S . I . = \frac{100 \times 2 \times 5}{100} = 100 / -$
$∴$ Simple interest is Rs. 100
$∴$ option A is correct.