Simple interest on Rs. 684000 for 3 years at 20% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 684000 for 3 years at 20% per annum is

A. Rs. 410200

B. Rs. 410400

C. Rs. 410800

D. Rs. 410600

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (684000 × 20 × 3)/100 = 410400.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 945000 amounts to Rs. 1323000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 378000. R = (378000 × 100)/(945000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 16704000 interest in 9 years at 38% SI is

A. Rs. 4878000

B. Rs. 4880000

C. Rs. 4881000

D. Rs. 4879000

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Correct Answer: Option B

Explanation:
P = (16704000 × 100)/(38 × 9) = 4880000.

This question belongs to: Maths Simple Interest

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