Find the simple interest (in ₹) on ₹4000 as a sum borrowed at a 3% per year rate of interest for 6 years.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 720.
SI =
SI =
SI = ₹720
SSC MTS - 08/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q18
Find the simple interest (in ₹) on ₹4000 as a sum borrowed at a 3% per year rate of interest for 6 years.
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 720.
SI =
SI =
SI = ₹720