Simple interest on Rs. 1269000 for 3 years at 33% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1269000 for 3 years at 33% per annum is
A. Rs. 1256310
B. Rs. 1256110
C. Rs. 1256510
D. Rs. 1256710
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = (1269000 × 33 × 3)/100 = 1256310.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 216000 for 3 years at 10% per annum is
A. Rs. 65200
B. Rs. 65000
C. Rs. 64600
D. Rs. 64800

Correct Answer: Option D


Explanation:
SI = (216000 × 10 × 3)/100 = 64800.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 4518000 amounts to Rs. 5873400 in 3 years is
A. 12%
B. 10%
C. 8%
D. 9%

Correct Answer: Option B


Explanation:
SI = 1355400. R = (1355400 × 100)/(4518000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?
A. 5 years
B. 7 years
C. 4 years
D. 6 years

Correct Answer: Option A


Explanation:
SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 years.

This question belongs to: Maths Simple Interest