Simple interest on Rs. 1719000 for 3 years at 43% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1719000 for 3 years at 43% per annum is

A. Rs. 2218410

B. Rs. 2218210

C. Rs. 2218610

D. Rs. 2218810

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1719000 × 43 × 3)/100 = 2218410.

This question belongs to: Maths Simple Interest

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Question #1

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A sum becomes Rs. 33600 after 4 years and Rs. 37800 after 6 years at simple interest. The principal is

A. Rs. 25200

B. Rs. 24000

C. Rs. 22800

D. Rs. 26400

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Correct Answer: Option A

Explanation:
Difference for 2 years = 4200. SI per year = 2100. SI for 4 years = 8400. Principal = 33600 - 8400 = 25200.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3051000 amount to Rs. 4271400 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 = 1220400. T = (1220400 × 100)/(3051000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 3834000 for 3 years at 90% per annum is

A. Rs. 10352000

B. Rs. 10352200

C. Rs. 10351800

D. Rs. 10351600

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Correct Answer: Option C

Explanation:
SI = (3834000 × 90 × 3)/100 = 10351800.

This question belongs to: Maths Simple Interest

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