Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 3% per year rate of interest for 4 years.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e 300.
Simple Interest = (2500 × 3 × 4) ÷ 100 = ₹300
SSC MTS 2024 PYQ — Question 17
SSC MTS - 21/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q17