Find the simple interest (in ₹) on ₹3000 as a sum borrowed at a 6% per year rate of interest for 5 years.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 900.
SI =
SI = = ₹900
SSC MTS - 07/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q16
Find the simple interest (in ₹) on ₹3000 as a sum borrowed at a 6% per year rate of interest for 5 years.
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 900.
SI =
SI = = ₹900