Find the simple interest (in ₹) on ₹4000 as a sum borrowed at a 4% per year rate of interest for 3 years.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 480.
SI =
SI = = ₹480
SSC MTS 2024 PYQ — Question 17
SSC MTS - 07/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q17