AFCAT Mock Test 3 Question 61 with Answer
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A sum amounts to ₹13,000 in 3 years at 10% simple interest per annum. What is the principal?

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Question ID #13489

A sum amounts to ₹13,000 in 3 years at 10% simple interest per annum. What is the principal?

Correct Answer: B. ₹10,000

A sum amounts to ₹13,000 in 3 years at 10% simple interest per annum. What is the principal? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. ₹10,000

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