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Railways PYQCBT 2 2017

RRB NTPC · Question 102

Ms. Deksha borrowed Rs. 575 at 5% per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

  1. 690

  2. 151

  3. 960

  4. 115

Show answer & explanation

Answer: (A) 690

Explanation

SI = 575 × 5 × 4/100 = Rs 115. The amount to pay = 575 + 115 = Rs 690.