Find the simple interest (in ₹) on ₹3000 as a sum borrowed at a 3% per year rate of interest for 4 years.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 360.
SI =
SI =
SI = 30 × 12 = ₹360
SSC MTS 2024 PYQ — Question 18
SSC MTS - 08/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q18