What is the simple interest (in ₹) earned on ₹12,400 at the 6% per annum for 15 months?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 930.
SI = PRT/100]
⇒ 12400 × 6/100 × 15/12 = 930
SSC Selection Post - Matriculation Level 2022 - 7 Feb 2022 - Shift 1 • Quantitative Aptitude • Q67
What is the simple interest (in ₹) earned on ₹12,400 at the 6% per annum for 15 months?
Correct answer: C
Explanation
The correct answer is option 3 i.e. 930.
SI = PRT/100]
⇒ 12400 × 6/100 × 15/12 = 930