Railway Recruitment Board Mathematics — Question 1710
Question
What is the simple interest on ₹5000 at 8% per annum for 3 years?
- 1000
- 1400
- 1500
- 1200
Correct answer
D — 1200
Explanation (English)
SI = (P × R × T)/100 = (5000 × 8 × 3)/100 = 120000/100 = ₹1200.
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