Simple interest on Rs. 2844000 for 3 years at 68% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2844000 for 3 years at 68% per annum is

A. Rs. 5802160

B. Rs. 5801560

C. Rs. 5801760

D. Rs. 5801960

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (2844000 × 68 × 3)/100 = 5801760.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum amounts to Rs. 202440 in 6 years at 11% SI. Principal

A. Rs. 133000

B. Rs. 132000

C. Rs. 134000

D. Rs. 131000

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Correct Answer: Option A

Explanation:
SI = 69440. P = 202440 - 69440 = 133000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2619000 for 3 years at 63% per annum is

A. Rs. 4952290

B. Rs. 4951890

C. Rs. 4952090

D. Rs. 4951690

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Correct Answer: Option B

Explanation:
SI = (2619000 × 63 × 3)/100 = 4951890.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 4410000 interest in 8 years at 22% SI is

A. Rs. 2501000

B. Rs. 2499000

C. Rs. 2498000

D. Rs. 2500000

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Correct Answer: Option D

Explanation:
P = (4410000 × 100)/(22 × 8) = 2500000.

This question belongs to: Maths Simple Interest

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