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Quantitative - Mathematics - Word Problems:

Interest

MCQ - 204-12971

Question:

Find the simple interest on Rs 7000 at 50/3 % for 9 months

  1. Rs. 1075
  2. Rs. 975
  3. Rs. 875
  4. Rs. 975

Correct Answer: C

Explanation:

Using Simple Interest formula: I = Prt

So, by putting the values in the above formula, our result will be.

I = 7000 × 50 × 9 3 × 12 × 100 = 875

[Please note that we have divided by 12 as we converted 9 months in a year format]

Record Performance

1297 MCQ for effective preparation of the test of Interest of Word Problems section.

Read the MCQ statement: Find the simple interest on Rs 7000 at 50/3 % for 9 months , keenly and apply the method you have learn through the video lessons for Interest to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 204-12971.

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