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SSC MTS 2024 PYQ — Question 19

SSC MTS - 30/09/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q19

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Find the simple interest (in ₹) on ₹3500 as a sum borrowed at a 7% per year rate of interest for 6 years.

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. 1470.

SI = PRT100PRT\over 100

SI = 3500×7×6100{3500\times7\times6}\over100 = ₹1470