SSC Selection Post 2023 PYQ — Question 54

SSC Selection Post - Graduation Level - 30 June 2023 - Shift 1 • Quantitative Aptitude • Q54

What is the simple interest of Rs.320 at the rate of 1121{{1} \over 2}% per annum in 2122{{1} \over 2} years?

Show answer & explanation

Correct answer: C

Explanation

 The correct answer is Option 3 i.e. Rs. 12.

SI = (P × R × T)/100

= (320 × 3/2 × 5/2)/100

= 1200/100

= 12