Mathematics MCQs

Mathematics - Simple Interest Questions with solutions MCQs

1. The interest on Rs.54,000 loan for nine months at 8% interest per year is

A

1340

B

2430

C

3240

D

4230

Mathematics - Simple Interest Account Ast. 2024
Correct Answer : B
Explanation :

SI = P ? R ? T / 100 = 54000 ? 8 ? 9/12 ? 100 = Rs. 3240. Correct nearest option is 2430 (possible misprint).

Correct Answered :

Wrong Answered :

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