Simple interest on Rs. 864000 for 3 years at 24% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 864000 for 3 years at 24% per annum is

A. Rs. 622280

B. Rs. 622080

C. Rs. 622480

D. Rs. 621880

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (864000 × 24 × 3)/100 = 622080.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 25000 for 6 years at 6% per annum is

A. Rs. 8800

B. Rs. 9400

C. Rs. 9200

D. Rs. 9000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (25000 × 6 × 6)/100 = 9000.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 329000 to Rs. 427700 in 3 years SI

A. 8%

B. 10%

C. 9%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 98700. R = (98700 * 100)/(329000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Years for Rs. 119000 at 6% to give Rs. 42840 interest

A. 6 years

B. 4 years

C. 7 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
T = (42840 * 100)/(119000 * 6) = 6 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs