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- Simple interest on a sum at 4% per annum for 2 years is Rs.
Question 1:
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
Feedback SI = 40 + 40
CI = 40 + 40 + 1.6 = 81.6
CI = 40 + 40 + 1.6 = 81.6
B. Rs.160
C. Rs.1081.60
D. Rs.99
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