Simple interest on Rs. 153000 for 3 years at 8% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 153000 for 3 years at 8% per annum is

A. Rs. 36720

B. Rs. 36920

C. Rs. 37120

D. Rs. 36520

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (153000 × 8 × 3)/100 = 36720.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4014000 for 3 years at 94% per annum is

A. Rs. 11319680

B. Rs. 11319480

C. Rs. 11319280

D. Rs. 11319880

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Correct Answer: Option B

Explanation:
SI = (4014000 × 94 × 3)/100 = 11319480.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2754000 for 3 years at 66% per annum is

A. Rs. 5452920

B. Rs. 5453320

C. Rs. 5453120

D. Rs. 5452720

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Correct Answer: Option A

Explanation:
SI = (2754000 × 66 × 3)/100 = 5452920.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 414000 for 3 years at 14% per annum is

A. Rs. 174280

B. Rs. 174080

C. Rs. 173680

D. Rs. 173880

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Correct Answer: Option D

Explanation:
SI = (414000 × 14 × 3)/100 = 173880.

This question belongs to: Maths Simple Interest

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