Simple interest on Rs. 1539000 for 3 years at 39% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1539000 for 3 years at 39% per annum is

A. Rs. 1801170

B. Rs. 1800970

C. Rs. 1801370

D. Rs. 1801570

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1539000 × 39 × 3)/100 = 1801170.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 576000 amount to Rs. 806400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 230400. T = (230400 × 100)/(576000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 162000 for 2 years at 11% per annum is

A. Rs. 36040

B. Rs. 35640

C. Rs. 35840

D. Rs. 35440

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Correct Answer: Option B

Explanation:
SI = (162000 × 11 × 2)/100 = 35640.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 2538000 amounts to Rs. 3299400 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 761400. R = (761400 × 100)/(2538000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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