Simple interest on Rs. 3204000 for 3 years at 76% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3204000 for 3 years at 76% per annum is

A. Rs. 7305120

B. Rs. 7304920

C. Rs. 7305520

D. Rs. 7305320

Answer: Option A

Solution (By JKExamLibrary)

SI = (3204000 × 76 × 3)/100 = 7305120.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 28000 amounts to Rs. 39200 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 = 11200. R = (11200 × 100)/(28000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2313000 amounts to Rs. 3006900 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 693900. R = (693900 × 100)/(2313000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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