Multiple Choice Questions on A sum of 3000 yields an interest of 1080 at 12 per annum simple interest in how many years ........ for SSC CGL Exam Preparation

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Multiple Choice Questions

A sum of 3000 yields an interest of 1080 at 12 per annum simple interest in how many years ........

Quantitative Aptitude (CGL) Simple Interest
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    A sum of ? 3000 yields an interest of ? 1080 at 12% per annum simple interest in how many years ?

    4 Years

    Incorrect Answer

    3 Years

    Correct Answer

    5 years

    Incorrect Answer

    2&frac12 Years

    Incorrect Answer
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    Explanation:

    SI = PRT/100;
    Hence, T = 100*SI/PR = 100*1080/3000*12 = 3 years

    By: MIRZA SADDAM HUSSAIN
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