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Simple interest on Rs. 1000 at 10% for 2 years is _____.
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Subject
FIA
Topic
Quantitative Ability
Subtopic
Simple interest
Reviewed by Super AdminEditorial Policy
easy
Rs. 200
Rs. 100
Rs. 120
Rs. 300
Correct Answer
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Explanation
SI = PRT/100 = 1000×10×2/100 = 200.…
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Concept Behind This Question
This question focuses on the concept of Simple interest under the broader topic of Quantitative Ability.
Related key concepts: math, ability, fia.
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Quantitative Ability
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Question Details
- Subject:
- FIA
- Topic:
- Quantitative Ability
- Subtopic:
- Simple interest
- Difficulty:
- easy
- Source:
- https://quizzera.pk/
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