SSC MTS 2024 PYQ — Question 16

SSC MTS - 30/09/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q16

Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 6% per year rate of interest for 3 years.

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e. 450.

SI = PRT100PRT\over100 

SI = 2500×6×31002500×6×3\over100 = ₹450