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What is S.I. of rs. 800 on 5% per annum ...

What is S.I. of rs. 800 on 5% per annum for 3 years?

A

a. 120

B

b. 140

C

c. 210

D

d. 230

Text Solution

AI Generated Solution

The correct Answer is:
To find the Simple Interest (SI) for Rs. 800 at a rate of 5% per annum for 3 years, we will use the formula for Simple Interest: ### Step-by-Step Solution: 1. **Identify the values:** - Principal (P) = Rs. 800 - Rate of Interest (R) = 5% per annum - Time (T) = 3 years 2. **Write the formula for Simple Interest:** \[ SI = \frac{P \times R \times T}{100} \] 3. **Substitute the values into the formula:** \[ SI = \frac{800 \times 5 \times 3}{100} \] 4. **Calculate the numerator:** - First, calculate \(800 \times 5 = 4000\) - Then, calculate \(4000 \times 3 = 12000\) 5. **Now divide by 100:** \[ SI = \frac{12000}{100} = 120 \] 6. **Final result:** - The Simple Interest (SI) is Rs. 120. ### Summary: The Simple Interest for Rs. 800 at a rate of 5% per annum for 3 years is Rs. 120. ---
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