Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 4% per year rate of interest for 2 years.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 200.
SI = PRT/100
⇒ 2500 × 2 × 4/100 = 200
SSC MTS 2024 PYQ — Question 18
SSC MTS - 29/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q18