Railways PYQCBT 1 2016

RRB NTPC · Question 34

Ms. Kavitha borrowed Rs. 950 at 6% per annum simple interest. What amount will she pay, to clear her debt after 4 years? A. 282 B. 1187 C. 1178 D. 228

  1. A

  2. C

  3. B

  4. D

Show answer & explanation

Answer: (B) C

Explanation

SI = 950 × 6 × 4/100 = Rs 228. Amount = 950 + 228 = Rs 1,178.