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 of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 108500 for 4 years at 7%

A. Rs. 30180

B. Rs. 30780

C. Rs. 30580

D. Rs. 30380

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Correct Answer: Option D

Explanation:
SI = (108500 * 7 * 4)/100 = 30380.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on a sum for 2 years at 12% is Rs. 480. The sum is

A. Rs. 1800

B. Rs. 2000

C. Rs. 2200

D. Rs. 2400

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Correct Answer: Option B

Explanation:
P = (480 × 100)/(12 × 2) = 2000.

This question belongs to: Maths Simple Interest

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