Simple interest on Rs. 1179000 for 3 years at 31% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 1179000 for 3 years at 31% per annum is

A. Rs. 1097770

B. Rs. 1097370

C. Rs. 1097570

D. Rs. 1097170

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (1179000 × 31 × 3)/100 = 1097370.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

In how many years will Rs. 621000 amount to Rs. 869400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 248400. T = (248400 × 100)/(621000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Share Report

The rate at which Rs. 7200 amounts to Rs. 9360 in 5 years is

A. 6%

B. 8%

C. 4%

D. 5%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 2160. R = (2160 × 100)/(7200 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #3

Share Report

A sum of Rs. 90000 amounts to Rs. 126000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 36000. R = (36000 × 100)/(90000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs