Practice free →
HomeCATQuantitative AptitudeSimple and Compound Interest › Starting with 100 rupees at 10% for three years,…

Starting with 100 rupees at 10% for three years, the simple interest earned is:

A30
B33
C31
D35
Answer & Solution
Correct answer: A. 30
1. Ten rupees is earned each year. 2. Three years give three such amounts. 3. The interest is 30. _Source: NCERT Class 8 Mathematics, Chapter 8, Comparing Quantities._
Solve this in the app — CAT practice & 24k+ MCQs →
Related questions