SSC MTS 2024 PYQ — Question 18

SSC MTS - 21/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q18

Find the simple interest (in ₹) on ₹3000 as a sum borrowed at 3% per year rate of interest for 3 years.

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e 270.

Simple Interest = (3000 × 3 × 3) ÷ 100 = ₹270