Railways R.R.C. (Jabalpur) Solved Paper Held on 1st Shift 30-11-2014

  • question_answer What would be the simple interest obtained on an amount of Rs. 8,435 at the rate of 12% per annum after 4 years?

    A) Rs. 4, 882.80                

    B) Rs. 4, 246.80

    C) Rs. 4, 480.80                

    D) Rs. 4, 048.80

    Correct Answer: D

    Solution :

    Simple interest =\[\frac{8435\times 12\times 4}{100}\]                           \[=Rs.\,\,4,048.80\]

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