Solved UPSC CDS/OTA Question
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Q · Simple InterestEasy · 45s
At what rate of simple interest will ₹1200 amount to ₹1440 in 4 years?
TopicSimple Interest
Question Typemultiple choice
DifficultyEasy
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
SI = ₹240 ⇒ R = (240×100)/(1200×4) = 5%.
Final Answer: Option B - 5%