Simple interest on Rs. 25879 for 7 years at 11% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 25879 for 7 years at 11% per annum is

A. Rs. 20126

B. Rs. 20426

C. Rs. 19926

D. Rs. 19776

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (25879 * 11 * 7)/100 = 19926.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 954000 for 3 years at 26% per annum is

A. Rs. 743840

B. Rs. 743440

C. Rs. 744040

D. Rs. 743640

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Correct Answer: Option D

Explanation:
SI = (954000 × 26 × 3)/100 = 743640.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 315000 amounts to Rs. 409500 in 3 years

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 94500. R = (94500 * 100)/(315000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 7516800 interest in 9 years at 24% SI is

A. Rs. 3481000

B. Rs. 3479000

C. Rs. 3480000

D. Rs. 3478000

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Correct Answer: Option C

Explanation:
P = (7516800 × 100)/(24 × 9) = 3480000.

This question belongs to: Maths Simple Interest

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