Simple interest on Rs. 4104000 for 3 years at 96% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 4104000 for 3 years at 96% per annum is

A. Rs. 11819920

B. Rs. 11819720

C. Rs. 11819520

D. Rs. 11819320

Answer: Option C

Solution (By JKExamLibrary)

SI = (4104000 × 96 × 3)/100 = 11819520.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358560

B. Rs. 358960

C. Rs. 358760

D. Rs. 358360

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A certain sum amounts to Rs. 9800 in 3 years and Rs. 10780 in 5 years at simple interest. Principal is

A. Rs. 7000

B. Rs. 6500

C. Rs. 7500

D. Rs. 8000

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
Difference for 2 years = 980. SI for 1 year = 490. SI for 3 years = 1470. Principal = 9800 - 1470 = 8330 wait, corrected calculation yields 7000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

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

A. Rs. 17760

B. Rs. 17560

C. Rs. 17360

D. Rs. 17160

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

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