SI on Rs. 157500 for 3 years at 13% MCQ with Answer and Explanation

Question

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SI on Rs. 157500 for 3 years at 13%

A. Rs. 61225

B. Rs. 61825

C. Rs. 61625

D. Rs. 61425

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (157500 * 13 * 3)/100 = 61425.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 2727000 for 2 years at 68% per annum is

A. Rs. 3708520

B. Rs. 3708720

C. Rs. 3708920

D. Rs. 3709120

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Correct Answer: Option B

Explanation:
SI = (2727000 × 68 × 2)/100 = 3708720.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 192500 for 2 years at 15%

A. Rs. 58150

B. Rs. 57750

C. Rs. 57950

D. Rs. 57550

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Correct Answer: Option B

Explanation:
SI = (192500 * 15 * 2)/100 = 57750.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 2043000 amounts to Rs. 2655900 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 612900. R = (612900 × 100)/(2043000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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