Simple interest on Rs. 3294000 for 3 years at 78% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3294000 for 3 years at 78% per annum is

A. Rs. 7712760

B. Rs. 7713160

C. Rs. 7712960

D. Rs. 7712560

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (3294000 × 78 × 3)/100 = 7712760.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum at 12% SI for 4 years amounts to Rs. 57600. Principal

A. Rs. 34000

B. Rs. 35000

C. Rs. 37000

D. Rs. 36000

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Correct Answer: Option D

Explanation:
SI = 21600. P = 57600 - 21600 = 36000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3960000 amounts to Rs. 5544000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 1584000. R = (1584000 × 100)/(3960000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 342000 amounts to Rs. 444600 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 102600. R = (102600 × 100)/(342000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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