Simple interest on Rs. 80500 for 4 years at 6% MCQ with Answer and Explanation

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Simple interest on Rs. 80500 for 4 years at 6%

A. Rs. 19720

B. Rs. 19320

C. Rs. 19120

D. Rs. 19520

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (80500 * 6 * 4)/100 = 19320.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 1134000 interest in 9 years at 12% SI is

A. Rs. 1048000

B. Rs. 1051000

C. Rs. 1050000

D. Rs. 1049000

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Correct Answer: Option C

Explanation:
P = (1134000 × 100)/(12 × 9) = 1050000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 48000 for 5 years at 5% per annum is

A. Rs. 11800

B. Rs. 12200

C. Rs. 12000

D. Rs. 12400

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Correct Answer: Option C

Explanation:
SI = (48000 × 5 × 5)/100 = 12000.

This question belongs to: Maths Simple Interest

Question #3

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Rate when Rs. 259000 amounts to Rs. 336700 in 3 years

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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