Simple interest on Rs. 1224000 for 3 years at 32% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1224000 for 3 years at 32% per annum is

A. Rs. 1175240

B. Rs. 1175040

C. Rs. 1174840

D. Rs. 1175440

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (1224000 × 32 × 3)/100 = 1175040.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 2448 interest in 2 years at 6% SI is

A. Rs. 19400

B. Rs. 18400

C. Rs. 20400

D. Rs. 21400

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Correct Answer: Option C

Explanation:
P = (2448 × 100)/(6 × 2) = 20400.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 549000 for 2 years at 21% per annum is

A. Rs. 230580

B. Rs. 230380

C. Rs. 230980

D. Rs. 230780

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Correct Answer: Option A

Explanation:
SI = (549000 × 21 × 2)/100 = 230580.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3609000 for 3 years at 85% per annum is

A. Rs. 9202950

B. Rs. 9203350

C. Rs. 9203150

D. Rs. 9202750

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Correct Answer: Option A

Explanation:
SI = (3609000 × 85 × 3)/100 = 9202950.

This question belongs to: Maths Simple Interest

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