Simple interest on Rs. 25000 for 6 years at 6% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 25000 for 6 years at 6% per annum is

A. Rs. 9000

B. Rs. 9200

C. Rs. 9400

D. Rs. 8800

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (25000 × 6 × 6)/100 = 9000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 3699000 for 3 years at 87% per annum is

A. Rs. 9653290

B. Rs. 9653890

C. Rs. 9653690

D. Rs. 9653490

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Correct Answer: Option D

Explanation:
SI = (3699000 × 87 × 3)/100 = 9653490.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 48000 amounts to Rs. 67200 in 5 years at simple interest. The rate is

A. 8%

B. 9%

C. 6%

D. 10%

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Correct Answer: Option A

Explanation:
SI = 19200. R = (19200 × 100)/(48000 × 5) = 8%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 513000 for 2 years at 20% per annum is

A. Rs. 205200

B. Rs. 205000

C. Rs. 205600

D. Rs. 205400

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Correct Answer: Option A

Explanation:
SI = (513000 × 20 × 2)/100 = 205200.

This question belongs to: Maths Simple Interest

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