Simple interest on Rs. 684000 for 3 years at 20% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 684000 for 3 years at 20% per annum is
A. Rs. 410800
B. Rs. 410200
C. Rs. 410600
D. Rs. 410400
Answer: Option D
Solution (By JKExamLibrary)
SI = (684000 × 20 × 3)/100 = 410400.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
At what rate percent will Rs. 6400 give Rs. 1152 interest in 3 years?
A. 4%
B. 6%
C. 5%
D. 8%

Correct Answer: Option B


Explanation:
R = (1152 × 100)/(6400 × 3) = 6%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Simple interest on Rs. 3384000 for 3 years at 80% per annum is
A. Rs. 8121800
B. Rs. 8122000
C. Rs. 8121600
D. Rs. 8121400

Correct Answer: Option C


Explanation:
SI = (3384000 × 80 × 3)/100 = 8121600.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is
A. Rs. 1200
B. Rs. 1800
C. Rs. 1500
D. Rs. 1000

Correct Answer: Option A


Explanation:
SI = (8000 × 5 × 3)/100 = 1200.

This question belongs to: Maths Simple Interest