Simple interest on Rs. 252000 for 4 years at 6% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 252000 for 4 years at 6% per annum is

A. Rs. 60280

B. Rs. 60680

C. Rs. 60880

D. Rs. 60480

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (252000 × 6 × 4)/100 = 60480.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 55000 for 3 years at 8% per annum is

A. Rs. 13200

B. Rs. 13600

C. Rs. 13400

D. Rs. 13000

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Correct Answer: Option A

Explanation:
SI = (55000 × 8 × 3)/100 = 13200.

This question belongs to: Maths Simple Interest

Question #2

A sum at 12% SI for 5 years gives Rs. 7200 interest. Sum

A. Rs. 12000

B. Rs. 10000

C. Rs. 13000

D. Rs. 11000

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Correct Answer: Option A

Explanation:
P = (7200 * 100)/(12 * 5) = 12000.

This question belongs to: Maths Simple Interest

Question #3

The simple interest on a sum for 3 years at 10% is Rs. 9000. The principal is

A. Rs. 29000

B. Rs. 30000

C. Rs. 28000

D. Rs. 31000

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Correct Answer: Option B

Explanation:
P = (9000 × 100)/(10 × 3) = 30000.

This question belongs to: Maths Simple Interest

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