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SSC Selection Post 2024 PYQ — Question 51

SSC Selection Post - Matriculation Level - 24 June 2024 - Shift 1 • Quantitative Aptitude • Q51

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Manoj earned ₹6,075 as simple interest on a certain sum at 9% per annum after 5 years. Find the sum invested by him.

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Correct answer: A

Explanation

The correct answer is option 1 i.e. ₹13,500.

SI = P×R×T100P\times R\times T\over100

⇒ 6075 = P×9×5100P\times 9\times 5\over100

⇒ P = 13,500