Find the simple interest (in ₹) on ₹3500 as a sum borrowed at 5% per year rate of interest for 5 years.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 875.
SI =
SI = = ₹875
SSC MTS - 30/09/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q18
Find the simple interest (in ₹) on ₹3500 as a sum borrowed at 5% per year rate of interest for 5 years.
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 875.
SI =
SI = = ₹875