SSC MTS 2024 PYQ — Question 17

SSC MTS - 30/09/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q17

Find the simple interest (in ₹) on ₹2000 as a sum borrowed at a 9% per year rate of interest for 2 years.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is Option 1 i.e. 360.

SI = PRT100PRT\over100

SI = 2000×9×21002000\times9\times2\over100 = ₹360