Find the simple interest (in₹) on ₹940 for 3 years at 5% per annum.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e ₹141.
Simple Interest = (P × R × T) / 100
SI = (940 × 5 × 3) / 100 = 14100 / 100 = ₹141
SSC MTS 2024 PYQ — Question 10
SSC MTS - 16/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q10