Find the simple interest (in ₹) on ₹2500 as a sum borrowed at a 3% per year rate of interest for 6 years.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 450.
SI =
SI =
SI = 25 × 3 × 6 = 450
SSC MTS - 08/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q17
Find the simple interest (in ₹) on ₹2500 as a sum borrowed at a 3% per year rate of interest for 6 years.
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 450.
SI =
SI =
SI = 25 × 3 × 6 = 450