Under simple interest, if the principal is ₹50,000, rate is 10% and time is 3 years, the amount payable is:

Type: MCQ • Marks: 1

A. 55000

B. 60000

C. 65000

D. 70000

Explanation

SI = 50,000 × 10 × 3 /100 = ₹15,000. Amount = ₹50,000 + ₹15,000 = ₹65,000.

Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now

UPSC Principal & Vice Principal Management Finance Administration

This page is indexed for search so students can find questions directly from Google.

Welcome to TutorWale!