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
Show answer & explanation
Answer: (B) C
Explanation
SI = 950 × 6 × 4/100 = Rs 228. Amount = 950 + 228 = Rs 1,178.