Simple interest on Rs. 144000 for 3 years at 10% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 144000 for 3 years at 10% per annum is

A. Rs. 43600

B. Rs. 43400

C. Rs. 43200

D. Rs. 43000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (144000 × 10 × 3)/100 = 43200.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3897000 for 2 years at 94% per annum is

A. Rs. 7326160

B. Rs. 7326360

C. Rs. 7326760

D. Rs. 7326560

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Correct Answer: Option B

Explanation:
SI = (3897000 × 94 × 2)/100 = 7326360.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 3033000 amounts to Rs. 3942900 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 909900. R = (909900 × 100)/(3033000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3240000 amounts to Rs. 4536000 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 = 1296000. R = (1296000 × 100)/(3240000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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