Calculate the simple interest on Rs 4480 at 8%per annum for 3 years?

 a) 1035
 b) 1075.20
 c) 858.50
 d) 2330

1075.20. Solution P = Rs. 4480 R = 8% R = 3 years SI = PNR/100 = (4480 x 8 x 3)/100 = 1075.20