Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

Simple interest of ₹9000 at 5% per annum of 6 months is:-

Options:

₹235

₹245

₹205

₹225

Correct Answer:

₹225

Explanation:

Principal = Rs.9000

Rate = 5%p.a

Rate = 2.5% for 6 months

S.I. = 9000 × 2.5 % = 225