SI on Rs. 115500 for 3 years at 12% MCQ with Answer and Explanation

Question

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SI on Rs. 115500 for 3 years at 12%

A. Rs. 41980

B. Rs. 41380

C. Rs. 41580

D. Rs. 41780

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (115500 * 12 * 3)/100 = 41580.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The simple interest on a sum for 4 years at 9% is Rs. 10800. The principal is

A. Rs. 29000

B. Rs. 28000

C. Rs. 30000

D. Rs. 31000

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Correct Answer: Option C

Explanation:
P = (10800 × 100)/(9 × 4) = 30000.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 522000 amounts to Rs. 678600 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 156600. R = (156600 × 100)/(522000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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