Simple interest Rs. 19600 for 3 years at 8% MCQ with Answer and Explanation

Question
Simple interest Rs. 19600 for 3 years at 8%
A. Rs. 4504
B. Rs. 4704
C. Rs. 4904
D. Rs. 5104
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (19600 * 8 * 3)/100 = 4704.
This question belongs to: Maths Simple Interest
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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 1179000 for 3 years at 31% per annum is
A. Rs. 1097370
B. Rs. 1097770
C. Rs. 1097570
D. Rs. 1097170
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Correct Answer: Option A

Explanation:
SI = (1179000 × 31 × 3)/100 = 1097370.
This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 12974400 interest in 8 years at 39% SI is
A. Rs. 4148000
B. Rs. 4151000
C. Rs. 4149000
D. Rs. 4150000
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Correct Answer: Option D

Explanation:
P = (12974400 × 100)/(39 × 8) = 4150000.
This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 25000 for 6 years at 6% per annum is
A. Rs. 8800
B. Rs. 9000
C. Rs. 9200
D. Rs. 9400
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Correct Answer: Option B

Explanation:
SI = (25000 × 6 × 6)/100 = 9000.
This question belongs to: Maths Simple Interest
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