Simple interest on Rs. 28000 for 5 years at 6% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 28000 for 5 years at 6% per annum is

A. Rs. 8400

B. Rs. 8600

C. Rs. 8800

D. Rs. 8200

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (28000 × 6 × 5)/100 = 8400.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

A sum of Rs. 3510000 amounts to Rs. 4914000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 1404000. R = (1404000 × 100)/(3510000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Time for Rs. 476000 at 15% to amount Rs. 666400

A. 4 years

B. 6 years

C. 5 years

D. 3 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 190400. T = (190400 * 100)/(476000 * 15) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

Share Report

The principal that gives Rs. 12117600 interest in 9 years at 32% SI is

A. Rs. 4199000

B. Rs. 4200000

C. Rs. 4201000

D. Rs. 4198000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (12117600 × 100)/(32 × 9) = 4200000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs