The simple interest on Rs. 8 for 12 months at the rate of 5 paise per rupeeper month is	Pick one
A) 1.2
B) 4.8
C) 4.4
D) 3.21
E) None
Sol.   S.I. = Rs. [8 * 5/100 * 12] = Rs. 4.8   Answer 4.8
<result>B</result>
The simple interest on Rs. 8 for 12 months at the rate of 5 paise per rupeeper month is