Simple interest on Rs. 16500 for 4 years at 10% MCQ with Answer and Explanation

Question

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Simple interest on Rs. 16500 for 4 years at 10%

A. Rs. 7000

B. Rs. 6800

C. Rs. 6600

D. Rs. 6400

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (16500 * 10 * 4)/100 = 6600.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 11836800 interest in 8 years at 37% SI is

A. Rs. 3998000

B. Rs. 4001000

C. Rs. 3999000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (11836800 × 100)/(37 × 8) = 4000000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358760

B. Rs. 358560

C. Rs. 358960

D. Rs. 358360

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Correct Answer: Option B

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

Question #3

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A sum amounts to Rs. 26600 in 4 years at 9% SI. Principal

A. Rs. 21000

B. Rs. 19000

C. Rs. 20000

D. Rs. 18000

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Correct Answer: Option C

Explanation:
SI = 6600. P = 26600 - 6600 = 20000.

This question belongs to: Maths Simple Interest

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