Find the simple interest on ₹2800 at 7% per annum for 5 years.
Correct Answer: C. ₹980
SI = PRT/100 = 2800×7×5/100 = ₹980.
SI = PRT/100 = 2800×7×5/100 = ₹980.
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Find the simple interest on ₹2800 at 7% per annum for 5 years.
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Find the simple interest on ₹2800 at 7% per annum for 5 years. - MCQ Explanation
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Correct answer: C. ₹980