hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
Home
arrow
ITI
arrow
Electrician
arrow
What will be the simple interest on Rs.1,450 invested for 5 years at a rate of 5% pa?
Question

What will be the simple interest on Rs.1,450 invested for 5 years at a rate of 5% pa?

A.

Rs.365

B.

Rs.362.5

C.

Rs.360

D.

Rs.365.5

Correct option is B


SI=(P×R×T)/100
SI=(1450×5×5)/100=362.5
Simple Interest (SI) = Rs.362.5

Similar Questions

test-prime-package

Access ‘RRB ALP Electrician’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
BUY NOW
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
test-prime-package

Access ‘RRB ALP Electrician’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
BUY NOW
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow
BUY NOW