SSC CGL 1 Sep 2016 Paper

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Question : 57 of 100

Marks: +1, -0

How much simple interest will Rs. 4000 earn in 18 months at 12% per annum?

Rs. 216
Rs. 360
Rs. 720
Rs. 960

Solution:

S.I . =

{\Principle × \Time × \Rate}/{100}

= Rs.

(4000×{18}/{12}×{12}/{100})

= Rs. 720

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