SI on Rs. 36400 for 3 years at 11% MCQ with Answer and Explanation

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SI on Rs. 36400 for 3 years at 11%

A. Rs. 11812

B. Rs. 12412

C. Rs. 12012

D. Rs. 12212

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (36400 * 11 * 3)/100 = 12012.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1746000 amount to Rs. 2444400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 698400. T = (698400 × 100)/(1746000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 3060000 amounts to Rs. 4284000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 1224000. R = (1224000 × 100)/(3060000 × 4) = 10%.

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Question #3

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A sum of Rs. 810000 amounts to Rs. 1134000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 324000. R = (324000 × 100)/(810000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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