Simple interest on Rs. 13078 for 4 years at 7% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 13078 for 4 years at 7% per annum is

A. Rs. 3511

B. Rs. 3661

C. Rs. 4161

D. Rs. 3861

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (13078 * 7 * 4)/100 = 3661.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 31500 for 4 years at 7%

A. Rs. 9020

B. Rs. 9220

C. Rs. 8820

D. Rs. 8620

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Correct Answer: Option C

Explanation:
SI = (31500 * 7 * 4)/100 = 8820.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 40500 amount to Rs. 69660 at 12% simple interest?

A. 8 years

B. 6 years

C. 5 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 29160. T = (29160 × 100)/(40500 × 12) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3339000 for 3 years at 79% per annum is

A. Rs. 7915730

B. Rs. 7915530

C. Rs. 7915930

D. Rs. 7915330

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Correct Answer: Option B

Explanation:
SI = (3339000 × 79 × 3)/100 = 7915530.

This question belongs to: Maths Simple Interest

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