Simple interest on Rs. 135000 for 3 years at 7% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 135000 for 3 years at 7% per annum is

A. Rs. 28550

B. Rs. 28350

C. Rs. 28150

D. Rs. 28750

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (135000 × 7 × 3)/100 = 28350.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2727000 for 2 years at 68% per annum is

A. Rs. 3708520

B. Rs. 3708920

C. Rs. 3709120

D. Rs. 3708720

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Correct Answer: Option D

Explanation:
SI = (2727000 × 68 × 2)/100 = 3708720.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328960

B. Rs. 12328560

C. Rs. 12328760

D. Rs. 12328360

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Correct Answer: Option B

Explanation:
SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 172200 in 6 years at 7% SI. Principal

A. Rs. 127000

B. Rs. 126000

C. Rs. 125000

D. Rs. 124000

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Correct Answer: Option B

Explanation:
SI = 46200. P = 172200 - 46200 = 126000.

This question belongs to: Maths Simple Interest

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