Simple interest for Rs. 32000 at 4% for 6 years is MCQ with Answer and Explanation

Question

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Simple interest for Rs. 32000 at 4% for 6 years is

A. Rs. 7480

B. Rs. 7680

C. Rs. 8080

D. Rs. 7880

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (32000 * 4 * 6)/100 = 7680.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 13500000 interest in 8 years at 40% SI is

A. Rs. 4217750

B. Rs. 4216750

C. Rs. 4219750

D. Rs. 4218750

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Correct Answer: Option D

Explanation:
P = (13500000 × 100)/(40 × 8) = 4218750.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 9126000 interest in 9 years at 26% SI is

A. Rs. 3900000

B. Rs. 3899000

C. Rs. 3898000

D. Rs. 3901000

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Correct Answer: Option A

Explanation:
P = (9126000 × 100)/(26 × 9) = 3900000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 999000 for 3 years at 27% per annum is

A. Rs. 809390

B. Rs. 809190

C. Rs. 808990

D. Rs. 809590

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Correct Answer: Option B

Explanation:
SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest

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