#SSC MTS

17 Views

Question : Jaya invested Rs. 14800 at 8.5% per annum on simple interest. The interest earned after 6 months is:
Option 1: Rs. 642
Option 2: Rs. 598
Option 3: Rs. 629
Option 4: Rs. 580

Don't Miss: Month-wise Current Affairs | Upcoming Government Exams

Team Careers360 1st Jan, 2024

Answer (1)

Team Careers360 7th Jan, 2024

Correct Answer: Rs. 629

Solution : Given:
Principal = Rs. 14800
Rate of Interest = 8.5% per annum
Time = 6 months = 0.5 years
$\therefore$ Simple interest = $\frac{\text{Principal × Rate × Time}}{100}=\frac{14800\times8.5\times0.5}{100}$ = Rs. 629
Hence, the correct answer is Rs. 629.

Share

Facebook Copy Link

More

Comments (0)

Related Questions

Question : At what rate of compound interest per annum, a sum of Rs. 20,000 becomes Rs. 23,152.50 in 1 year and 6 months compounded half-yearly?
Option 1: 10% per annum
Option 2: 5% per annum
Option 3: 12% per annum
Option 4: 8% per annum

144 Views

Question : The difference in simple interest on a certain sum at 6% per annum for 5 years and 5% per annum for 4 years is Rs. 422. Find the sum
Option 1: Rs. 2570
Option 2: Rs. 4220
Option 3: Rs. 6500
Option 4: Rs. 1990

26 Views

Question : Rs. 2300 is invested for 3 years in a scheme of simple interest at a rate of 12% per annum. What is the amount obtained (in Rs.) after 3 years?
Option 1: Rs. 3128
Option 2: Rs. 3456
Option 3: Rs. 3724
Option 4: Rs. 2950

7 Views

Question : A principal of Rs. 16000 is invested at simple interest for 4 years. If the per annum rate of interest is 20 percent, then what will be the amount after 4 years?
Option 1: Rs. 23480
Option 2: Rs. 28800
Option 3: Rs. 26480
Option 4: Rs. 30420

19 Views

Question : What is the simple interest on Rs. 14400 for 12 months, if the rate of the interest be 11% per annum?
Option 1: Rs.1440
Option 2: Rs.1680
Option 3: Rs.1331
Option 4: Rs.1584

10 Views

Know More about

Staff Selection Commission Multi Tasking ...

Answer Key | Cutoff | Selection Process | Preparation Tips | Eligibility | Application | Exam Pattern

Link Copied

The question have been saved in answer later, you can access it from your profile anytime. Access now

Thanks! Your report is submitted, the author will be informed about it

Download Careers360 App

All this at the convenience of your phone

Regular Exam Updates
Best College Recommendations
College & Rank predictors
Detailed Books and Sample Papers
Question and Answers