What sum (in ₹) will earn a simple interest of ₹240 in 2 years at a 16% per year rate of interest?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 750.
SI =
⇒ 240 =
⇒ P = 7.5 × 100 = 750
SSC MTS 2024 PYQ — Question 19
SSC MTS - 08/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q19