Simple interest on Rs. 3384000 for 3 years at 80% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3384000 for 3 years at 80% per annum is

A. Rs. 8122000

B. Rs. 8121600

C. Rs. 8121800

D. Rs. 8121400

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3384000 × 80 × 3)/100 = 8121600.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Principal that gives Rs. 12600 SI in 3 years at 7% is

A. Rs. 58000

B. Rs. 61000

C. Rs. 59000

D. Rs. 60000

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Correct Answer: Option D

Explanation:
P = (12600 × 100)/(7 × 3) = 60000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 9000 amounts to Rs. 10800 in 4 years at simple interest. Rate of interest is

A. 5%

B. 4%

C. 6%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1800. R = (1800 × 100)/(9000 × 4) = 5%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3672000 for 2 years at 89% per annum is

A. Rs. 6536560

B. Rs. 6536160

C. Rs. 6535960

D. Rs. 6536360

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Correct Answer: Option B

Explanation:
SI = (3672000 × 89 × 2)/100 = 6536160.

This question belongs to: Maths Simple Interest

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