Simple interest on Rs. 136500 for 3 years at 11% MCQ with Answer and Explanation

Question

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Simple interest on Rs. 136500 for 3 years at 11%

A. Rs. 44845

B. Rs. 45445

C. Rs. 45045

D. Rs. 45245

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (136500 * 11 * 3)/100 = 45045.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 28000 amounts to Rs. 36400 in 3 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 8400. R = (8400 × 100)/(28000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 324000 amounts to Rs. 421200 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 97200. R = (97200 × 100)/(324000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1998000 amounts to Rs. 2597400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 599400. R = (599400 × 100)/(1998000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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