Simple interest on Rs. 1089000 for 3 years at 29% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1089000 for 3 years at 29% per annum is

A. Rs. 947830

B. Rs. 947230

C. Rs. 947630

D. Rs. 947430

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (1089000 × 29 × 3)/100 = 947430.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 3175200 interest in 9 years at 17% SI is

A. Rs. 2077000

B. Rs. 2075000

C. Rs. 2074000

D. Rs. 2076000

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Correct Answer: Option D

Explanation:
P = (3175200 × 100)/(17 × 9) = 2076000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2907000 for 2 years at 72% per annum is

A. Rs. 4186280

B. Rs. 4186080

C. Rs. 4185880

D. Rs. 4186480

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Correct Answer: Option B

Explanation:
SI = (2907000 × 72 × 2)/100 = 4186080.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 18450 interest in 6 years at 5% SI is

A. Rs. 62500

B. Rs. 61500

C. Rs. 59500

D. Rs. 60500

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Correct Answer: Option B

Explanation:
P = (18450 * 100)/(5 * 6) = 61500.

This question belongs to: Maths Simple Interest

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