Simple interest on Rs. 38500 for 5 years at 8% MCQ with Answer and Explanation

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Simple interest on Rs. 38500 for 5 years at 8%

A. Rs. 15600

B. Rs. 15200

C. Rs. 15800

D. Rs. 15400

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (38500 * 8 * 5)/100 = 15400.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 88200 interest in 6 years at 7% SI is

A. Rs. 211000

B. Rs. 208000

C. Rs. 210000

D. Rs. 209000

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Correct Answer: Option C

Explanation:
P = (88200 × 100)/(7 × 6) = 210000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4122000 for 2 years at 99% per annum is

A. Rs. 8161360

B. Rs. 8161960

C. Rs. 8161760

D. Rs. 8161560

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Correct Answer: Option D

Explanation:
SI = (4122000 × 99 × 2)/100 = 8161560.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1647000 for 2 years at 44% per annum is

A. Rs. 1449760

B. Rs. 1449560

C. Rs. 1449160

D. Rs. 1449360

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Correct Answer: Option D

Explanation:
SI = (1647000 × 44 × 2)/100 = 1449360.

This question belongs to: Maths Simple Interest

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