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Total interest of Rs 400 for 2 1/2 years...

Total interest of Rs 400 for `2 1/2` years at the rate of 6% simple interest per annum is

A

Rs 60

B

Rs 40

C

Rs 50

D

Rs 30

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Knowledge Check

  • The amount on Rs. 1000 for 2 years at the rate of 5% compound interest per annum is

    A
    Rs. 1102.50
    B
    Rs. 1120.50
    C
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    D
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