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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    What would be the simple interest obtained on an amount of Rs. 64728 at the rate of 10 p.c.p.a. after 7 years?

    A)  Rs. 45309.6     

    B)  Rs. 39214.2

    C)  Rs. 48077.5                 

    D)  Rs. 40223.1

    E)  None of these

    Correct Answer: A

    Solution :

     \[SI=\frac{P\times R\times T}{100}\] \[=\frac{64728\times 10\times 7}{100}=Rs.45309.6\]       


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