What sum (in ₹) will earn a simple interest of ₹240 in 3 years at 8% per year rate of interest?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e 1000.
SI = (P × 8 × 3)/100 = 240
P = 240 × 100 ÷ 24 = 1000
SSC MTS 2024 PYQ — Question 18
SSC MTS - 14/10/2024 - (12:30 PM - 2:30 PM) • Quantitative Aptitude • Q18