SSC MTS 2024 PYQ — Question 15

SSC MTS - 30/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q15

Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 8% per year rate of interest for 6 years.

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e. 960.

SI = (P × R × T)/100

= (2000 × 8 × 6)/100

= 960