The interest on Rs. 35000 for 4 years at R% is Rs. 9800. R is MCQ with Answer and Explanation

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The interest on Rs. 35000 for 4 years at R% is Rs. 9800. R is

A. 9%

B. 8%

C. 6%

D. 7%

Answer: Option D

Solution (By JKSSB Mock Tests)

R = (9800 × 100)/(35000 × 4) = 7%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 864000 for 3 years at 27% per annum is

A. Rs. 699840

B. Rs. 699640

C. Rs. 700240

D. Rs. 700040

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Correct Answer: Option A

Explanation:
SI = (864000 × 27 × 3)/100 = 699840.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 927000 for 2 years at 28% per annum is

A. Rs. 519120

B. Rs. 519520

C. Rs. 518920

D. Rs. 519320

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Correct Answer: Option A

Explanation:
SI = (927000 × 28 × 2)/100 = 519120.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1719000 for 3 years at 43% per annum is

A. Rs. 2218410

B. Rs. 2218210

C. Rs. 2218610

D. Rs. 2218810

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Correct Answer: Option A

Explanation:
SI = (1719000 × 43 × 3)/100 = 2218410.

This question belongs to: Maths Simple Interest

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