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Find the simple interest on ₹3000 at 7% per annum for 2 years.

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Question ID #27466 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 9 Medium

Correct Answer: A. 420
SI = PRT/100 = ₹420.

Question: Find the simple interest on ₹3000 at 7% per annum for 2 years.

A. 420

B. 3420

C. 210

D. 422

Correct Answer: A. 420SI = PRT/100 = ₹420.

Find the simple interest on ₹3000 at 7% per annum for 2 years. - MCQ Explanation

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Correct answer: A. 420