Simple interest on Rs. 1449000 for 3 years at 37% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1449000 for 3 years at 37% per annum is

A. Rs. 1607970

B. Rs. 1608170

C. Rs. 1607770

D. Rs. 1608370

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1449000 × 37 × 3)/100 = 1607970.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Rate for Rs. 385000 to Rs. 500500 in 3 years SI

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 115500. R = (115500 * 100)/(385000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 12412800 interest in 8 years at 38% SI is

A. Rs. 4081000

B. Rs. 4079000

C. Rs. 4080000

D. Rs. 4078000

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Correct Answer: Option C

Explanation:
P = (12412800 × 100)/(38 × 8) = 4080000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2718000 amounts to Rs. 3533400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 815400. R = (815400 × 100)/(2718000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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