Allied & ICAR Exam Bank • ALLIED_1999 NAT • 1 Mark

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Numerical Computation

Question Statement:

The simple interest on a principal of Rs 8,000 for 3 years at 7.5% per annum in rupees is:

Answer Key:

1800

Step-by-Step Solution & Explanation

$SI = (8000 \times 7.5 \times 3) / 100 = 80 \times 22.5 = 1800$ rupees.
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