Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 8% per year rate of interest for 4 years.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 800.
SI = (P × R × T)/100
= (2500 × 8 × 4)/100
= 800
SSC MTS 2024 PYQ — Question 18
SSC MTS - 30/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q18