Simple interest on Rs. 1359000 for 3 years at 35% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1359000 for 3 years at 35% per annum is

A. Rs. 1427150

B. Rs. 1427350

C. Rs. 1426950

D. Rs. 1426750

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (1359000 × 35 × 3)/100 = 1426950.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 1125000 amounts to Rs. 1575000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 450000. R = (450000 × 100)/(1125000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The simple interest on a certain sum for 4 years at 8% is Rs. 640. The principal is

A. Rs. 1800

B. Rs. 2500

C. Rs. 2200

D. Rs. 2000

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Correct Answer: Option D

Explanation:
P = (640 × 100)/(8 × 4) = 2000.

This question belongs to: Maths Simple Interest

Question #3

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A sum amounts to Rs. 202440 in 6 years at 11% SI. Principal

A. Rs. 132000

B. Rs. 134000

C. Rs. 131000

D. Rs. 133000

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Correct Answer: Option D

Explanation:
SI = 69440. P = 202440 - 69440 = 133000.

This question belongs to: Maths Simple Interest

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