Simple interest on Rs. 178500 for 4 years at 10% MCQ with Answer and Explanation

Question
Simple interest on Rs. 178500 for 4 years at 10%
A. Rs. 71800
B. Rs. 71600
C. Rs. 71400
D. Rs. 71200
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = (178500 * 10 * 4)/100 = 71400.
This question belongs to: Maths Simple Interest
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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 801000 for 2 years at 28% per annum is
A. Rs. 448760
B. Rs. 448360
C. Rs. 448960
D. Rs. 448560
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Correct Answer: Option D

Explanation:
SI = (801000 × 28 × 2)/100 = 448560.
This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 1071000 amount to Rs. 1499400 at 8% simple interest?
A. 5 years
B. 6 years
C. 7 years
D. 4 years
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Correct Answer: Option A

Explanation:
SI = 428400. T = (428400 × 100)/(1071000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 176400 interest in 7 years at 8% SI is
A. Rs. 314000
B. Rs. 315000
C. Rs. 313000
D. Rs. 316000
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Correct Answer: Option B

Explanation:
P = (176400 × 100)/(8 × 7) = 315000.
This question belongs to: Maths Simple Interest
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