Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is?
A. Rs.81.60
B.Rs.160
C.Rs.1081.60
D.Rs.99
Answer and Feedback
Answer:A
Feedback:SI = 40 + 40
CI = 40 + 40 + 1.6 = 81.6
CI = 40 + 40 + 1.6 = 81.6