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DSSSB PRT 2022 Afternoon 📅 16 Mar, 2022

What will be the simple interest on a principal of Rs 1240 for 2 years at the rate of 10% per annum?

A
Rs 328
B
Rs 228
C
Rs 496
D
Rs 248
Result Summary
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APEDIA

DSSSB PRT
2022 • 16 Mar, 2022 • Afternoon
What will be the simple interest on a principal of Rs 1240 for 2 years at the rate of 10% per annum?
Correct Answer
Rs 248
• **Formula:** SI = (P × R × T) / 100. • **Calculation:** (1240 × 10 × 2) / 100 = 1240 × 0.2 = 248....
💡 Analysis & Explanation
• **Formula
** SI = (P × R × T) / 100.
• **Calculation
** (1240 × 10 × 2) / 100 = 1240 × 0.2 = 248.