Question

The simple interest on a certain sum of money at 8% for 5 years is Rs 100. Find the original amount?

• A. Rs. 200
• B. Rs. 250
• C. Rs. 225
• D. Rs. 300
• E. None of these

Answer 1

The correct option is B

Rs. 250

$P=\frac{S.I\times 100}{T\times R}$

$=\frac{100\times 100}{5\times 8}$

$=250$