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

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

A. Rs. 11819320

B. Rs. 11819920

C. Rs. 11819720

D. Rs. 11819520

Answer: Option D

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 189000 for 3 years at 9% per annum is

A. Rs. 51030

B. Rs. 50830

C. Rs. 51430

D. Rs. 51230

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Correct Answer: Option A

Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 180900. R = (180900 × 100)/(603000 × 3) = 10%.

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. 2500000

B. Rs. 2499000

C. Rs. 2498000

D. Rs. 2501000

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Correct Answer: Option A

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

This question belongs to: Maths Simple Interest

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