Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 7% per year rate of interest for 4 years.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 560.
SI =
SI = = ₹560
SSC MTS - 08/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q18
Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 7% per year rate of interest for 4 years.
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 560.
SI =
SI = = ₹560