S.I on ₹ 500 at the rate of 5% of 2 years is ……………… A) – InterviewSolution

1.

S.I on ₹ 500 at the rate of 5% of 2 years is ……………… A) ₹ 16 B) ₹ 50 C) ₹ 20 D) ₹ 90

Answer»

Correct option is B) ₹ 50

Correct option is (B) ₹ 50

\(S.I.=Rs\frac{PRT}{100}\)

\(=Rs\frac{500\times5\times2}{100}\)

= Rs 50

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