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JKSSB · Written · 2024
Question from JKSSB FAA 2024 Written
Statistics Jammu & Kashmir Services Selection Board Last updated May 9, 2026
JKSSB Written 2024

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

Answer & Explanation

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Correct Answer: Option C — 3240
Annual Interest: $54,000 \times 8\% = 4,320$ (Interest for one full year)Monthly Interest: $4,320 \div 12 = 360$ (Interest for one month)Interest for 9 Months: $360 \times 9 = 3,240$
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.

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JKSSB FAA 2024 Written

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Exam JKSSB
Recruitment FAA
Stage Written
Year 2024
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