SSC CHSL 17 Mar 2020 Shift 2 Paper

© examsiri.com

Question : 60 of 100

Marks: +1, -0

Latha deposited an amount of ₹ 35000 in a bank with simple interest

11 \%

per annum. How much interest will she earn after one year?

₹ 3370
₹ 3500
₹ 3850
₹ 3220

Solution:

Principle

(\P)=₹ 35000

Rate of interest

(\R)=11 \%

per annum
Time

(\T)=1 {\yr}

Simple interest

={\P ×\R ×\T}/{100}

={35000 ×11 ×1}/{100}

=₹ 3850

© examsiri.com

Go to Question:

Prev Question

Next Question