A simple interest amount of rs 5000 for six month is rs 200. what is the anual rate of interest?
Choose the correct choice from the following answers
A) 10% B) 6% C) 8% D) 9% E) 7%
S.I=P*N*R/100   200=5000*0.5*R/100   R=200*100/(5000*0.5)= 
<gadget id="calculator">200*100/(5000*0.5)</gadget>
<output>8</output>
8%   ANSWER:8%
<result>C</result>
A simple interest amount of rs 5000 for six month is rs 200. what is the anual rate of interest?