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Find simple interest on ₹1000 at 5% per annum for 2 years.

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Question ID #20387

Correct Answer: C. ₹100

Question: Find simple interest on ₹1000 at 5% per annum for 2 years.

A. ₹50

B. ₹150

C. ₹100

D. ₹200

Correct Answer: C. ₹100

Find simple interest on ₹1000 at 5% per annum for 2 years. - MCQ Explanation

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Correct answer: C. ₹100