The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is MCQ with Answer and Explanation

Question

Share Report Error

The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is

A. Rs. 1500

B. Rs. 1200

C. Rs. 1000

D. Rs. 1800

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (8000 × 5 × 3)/100 = 1200.

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

The principal that gives Rs. 4057200 interest in 8 years at 21% SI is

A. Rs. 2415000

B. Rs. 2416000

C. Rs. 2414000

D. Rs. 2413000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (4057200 × 100)/(21 × 8) = 2415000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3879000 for 3 years at 91% per annum is

A. Rs. 10601530

B. Rs. 10601130

C. Rs. 10601330

D. Rs. 10600930

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1033200 interest in 9 years at 12% SI is

A. Rs. 958000

B. Rs. 960000

C. Rs. 959000

D. Rs. 961000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (1033200 × 100)/(12 × 9) = 960000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs