Home › MCQs › Basic Mathematics › Question #2895
Back to Questions
Basic Mathematics QUESTION #2895
Question 1
Find Simple Interest on $\$1000$ at $5\%$ for $3$ years.
  • $\$50$
  • $\$150$✔️
  • $\$300$
  • $\$100$
Correct Answer Explanation
S.I. $= (P \times R \times T)/100 = (1000 \times 5 \times 3)/100 = 150$.