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. 45445

B. Rs. 44845

C. Rs. 45245

D. Rs. 45045

Answer: Option D

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. 1800000 amounts to Rs. 2520000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 720000. R = (720000 × 100)/(1800000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 1341000 amount to Rs. 1877400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 536400. T = (536400 × 100)/(1341000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Rate if Rs. 56000 gives Rs. 16800 SI in 4 years

A. 9%

B. 8%

C. 6%

D. 7.5%

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Correct Answer: Option D

Explanation:
R = (16800 * 100)/(56000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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