Simple interest on Rs. 1674000 for 3 years at 42% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1674000 for 3 years at 42% per annum is

A. Rs. 2113240

B. Rs. 2112640

C. Rs. 2112840

D. Rs. 2113040

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (1674000 × 42 × 3)/100 = 2112840.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 1747200 interest in 8 years at 16% SI is

A. Rs. 1364000

B. Rs. 1363000

C. Rs. 1365000

D. Rs. 1366000

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Correct Answer: Option C

Explanation:
P = (1747200 × 100)/(16 × 8) = 1365000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 7243200 interest in 8 years at 29% SI is

A. Rs. 3118000

B. Rs. 3120000

C. Rs. 3119000

D. Rs. 3121000

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Correct Answer: Option B

Explanation:
P = (7243200 × 100)/(29 × 8) = 3120000.

This question belongs to: Maths Simple Interest

Question #3

A sum at 17% SI for 4 years amounts to Rs. 392000. Principal

A. Rs. 211000

B. Rs. 209000

C. Rs. 210000

D. Rs. 208000

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Correct Answer: Option C

Explanation:
SI = 182000. P = 392000 - 182000 = 210000.

This question belongs to: Maths Simple Interest

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