Simple interest on Rs. 1404000 for 3 years at 36% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1404000 for 3 years at 36% per annum is
A. Rs. 1516720
B. Rs. 1516320
C. Rs. 1516520
D. Rs. 1516120
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (1404000 × 36 × 3)/100 = 1516320.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 3294000 for 3 years at 78% per annum is
A. Rs. 7712560
B. Rs. 7712960
C. Rs. 7713160
D. Rs. 7712760

Correct Answer: Option D


Explanation:
SI = (3294000 × 78 × 3)/100 = 7712760.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 2169000 for 3 years at 53% per annum is
A. Rs. 3448870
B. Rs. 3449270
C. Rs. 3449070
D. Rs. 3449470

Correct Answer: Option C


Explanation:
SI = (2169000 × 53 × 3)/100 = 3449070.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2394000 for 3 years at 58% per annum is
A. Rs. 4165960
B. Rs. 4165560
C. Rs. 4165760
D. Rs. 4165360

Correct Answer: Option B


Explanation:
SI = (2394000 × 58 × 3)/100 = 4165560.

This question belongs to: Maths Simple Interest