SarkariPYQ

SSC MTS 2024 PYQ — Question 15

SSC MTS - 16/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q15

Back to paper

Find the simple interest (in ₹) on ₹3000 as a sum borrowed at 7% per year rate of interest for 6 years.

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3  i.e. 1260.

Simple interest = PRT/100

⇒ 3000×6×7100\frac{3000 \times 6 \times 7}{100} = 1260