Find the simple interest on ₹3200 at 6% per annum for 5 years.
Correct Answer: C. ₹960
SI = PRT/100 = 3200×6×5/100 = ₹960.
SI = PRT/100 = 3200×6×5/100 = ₹960.
SEO MCQ Question Page
Find the simple interest on ₹3200 at 6% per annum for 5 years.
Practice this MCQ with options, instant answer checking, explanation, exam-wise filters, next/previous navigation and shareable result image.
Find the simple interest on ₹3200 at 6% per annum for 5 years. - MCQ Explanation
This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.
Correct answer: C. ₹960