Find the Simple Interest when Principal = 10000, Rate = 8% per annum, and Time = 5 years.

यदि मूलधन 10000 रुपये, दर 8% प्रति वर्ष और समय 5 वर्ष है, तो साधारण ब्याज ज्ञात कीजिए।

This Question Asked In:
SSC, CGL
  • A. ₹3000
  • B. ₹3500
  • C. ₹4000
  • D. ₹4500
Correct Answer :C - ₹4000
Detailed Solution Video
Video Credit –Nikhil Sharma Maths
Detailed Text Solution

Simple Interest = (P × R × T) / 100.

P = 10000, R = 8%, T = 5 years.

SI = (10000 × 8 × 5) / 100
= (10000 × 40) / 100
= 400000 / 100
= 4000.

Therefore, the Simple Interest is ₹4000.

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