The amount after 3 years on Rs. 14000 at 8% SI is MCQ with Answer and Explanation

Question

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The amount after 3 years on Rs. 14000 at 8% SI is

A. Rs. 17760

B. Rs. 17160

C. Rs. 17560

D. Rs. 17360

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of money triples itself in 20 years at simple interest. The rate is

A. 10%

B. 8%

C. 15%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 2P. R = (200 × 100)/(P × 20) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3222000 for 2 years at 79% per annum is

A. Rs. 5090960

B. Rs. 5090560

C. Rs. 5091160

D. Rs. 5090760

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Correct Answer: Option D

Explanation:
SI = (3222000 × 79 × 2)/100 = 5090760.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 1395000 amounts to Rs. 1953000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 558000. R = (558000 × 100)/(1395000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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