SI on Rs. 171500 for 5 years at 4% MCQ with Answer and Explanation

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SI on Rs. 171500 for 5 years at 4%

A. Rs. 34700

B. Rs. 34300

C. Rs. 34100

D. Rs. 34500

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (171500 * 4 * 5)/100 = 34300.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 477000 for 2 years at 18% per annum is

A. Rs. 171520

B. Rs. 171920

C. Rs. 171720

D. Rs. 172120

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Correct Answer: Option C

Explanation:
SI = (477000 × 18 × 2)/100 = 171720.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 2556000 amount to Rs. 3578400 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 1022400. T = (1022400 × 100)/(2556000 × 8) = 5 years.

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Question #3

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Simple interest on Rs. 900000 for 3 years at 28% per annum is

A. Rs. 756000

B. Rs. 756200

C. Rs. 756400

D. Rs. 755800

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Correct Answer: Option A

Explanation:
SI = (900000 × 28 × 3)/100 = 756000.

This question belongs to: Maths Simple Interest

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