Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-17

  • question_answer
    Ben deposited Rs. 4000 in a saving account at the rate of 5.5% per annum simple interest How much interest will be obtained in one year?

    A)  Rs.  22

    B)  Rs.  55

    C)  Rs. 110

    D)  Rs. 220

    Correct Answer: D

    Solution :

    Required interest \[=\frac{4000\times 5.51\times 1}{100}=\,\,Rs.\,\,220\]


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