Multiple Choice Questions

If on a certain sum the simple interest for 2 years is Rs1 200 then what is the simple interest on t...........

Quantitative Aptitude (MTS) Simple Interest

If, on a certain sum, the simple interest for 2 years is Rs1,200, then what is the simple interest on the same sum for 5 years, if

the rate of interest remains unchanged?

This questions was previously asked in

SSC MTS 5th July 2022 Shift-2

Rs2,500

Rs3,500

Rs3,000

Rs2,800

- The simple interest for 2 years is Rs1,200.

- Simple interest is calculated as $S I = \frac{P \times R \times T}{100}$ .

- For 2 years, SI is Rs1,200, so for 1 year it would be Rs600 (since Rs1200/2).

- For 5 years, the SI would be 5 times the one-year interest.

- Hence, the interest for 5 years = 5 × Rs600 = Rs3,000.

Now, let's look at the options:

- Option 1: Rs2,500 (not enough for 5 years)

- Option 2: Rs3,500 (too much for 5 years)

- Option 3: Rs3,000 (this is the correct calculation)

- Option 4: Rs2,800 (also not enough for 5 years)

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