Simple interest on Rs. 2664000 for 3 years at 64% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2664000 for 3 years at 64% per annum is

A. Rs. 5114680

B. Rs. 5114880

C. Rs. 5115080

D. Rs. 5115280

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (2664000 × 64 × 3)/100 = 5114880.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 774000 for 3 years at 22% per annum is

A. Rs. 510640

B. Rs. 511040

C. Rs. 510840

D. Rs. 511240

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Correct Answer: Option C

Explanation:
SI = (774000 × 22 × 3)/100 = 510840.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 469000 to Rs. 609700 in 3 years SI

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 140700. R = (140700 * 100)/(469000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 6199200 interest in 8 years at 27% SI is

A. Rs. 2860000

B. Rs. 2858000

C. Rs. 2859000

D. Rs. 2861000

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Correct Answer: Option A

Explanation:
P = (6199200 × 100)/(27 × 8) = 2860000.

This question belongs to: Maths Simple Interest

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