Simple interest on Rs. 4104000 for 3 years at 96% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4104000 for 3 years at 96% per annum is

A. Rs. 11819320

B. Rs. 11819720

C. Rs. 11819520

D. Rs. 11819920

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4104000 × 96 × 3)/100 = 11819520.

This question belongs to: Maths Simple Interest

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Question #1

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The simple interest on a certain sum for 4 years at 8% is Rs. 640. The principal is

A. Rs. 2200

B. Rs. 2000

C. Rs. 2500

D. Rs. 1800

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Correct Answer: Option B

Explanation:
P = (640 × 100)/(8 × 4) = 2000.

This question belongs to: Maths Simple Interest

Question #2

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A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is

A. Rs. 11000

B. Rs. 12000

C. Rs. 9000

D. Rs. 10000

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Correct Answer: Option B

Explanation:
Interest = 13500 - P. SI = (P × 5 × 3)/100 = 13500 - P. Solving gives P = 12000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 2934000 for 3 years at 70% per annum is

A. Rs. 6161600

B. Rs. 6161400

C. Rs. 6161200

D. Rs. 6161800

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Correct Answer: Option B

Explanation:
SI = (2934000 × 70 × 3)/100 = 6161400.

This question belongs to: Maths Simple Interest

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