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. 1608170

B. Rs. 1608370

C. Rs. 1607970

D. Rs. 1607770

Answer: Option C

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

Simple interest on Rs. 31245 for 5 years at 6% per annum is

A. Rs. 9773

B. Rs. 9373

C. Rs. 9573

D. Rs. 9173

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Correct Answer: Option B

Explanation:
SI = (31245 * 6 * 5)/100 = 9373.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1179000 for 3 years at 31% per annum is

A. Rs. 1097770

B. Rs. 1097170

C. Rs. 1097570

D. Rs. 1097370

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Correct Answer: Option D

Explanation:
SI = (1179000 × 31 × 3)/100 = 1097370.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 4590000 amounts to Rs. 6426000 in 4 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 = 1836000. R = (1836000 × 100)/(4590000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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