Simple interest on Rs. 1764000 for 3 years at 44% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1764000 for 3 years at 44% per annum is

A. Rs. 2328480

B. Rs. 2328880

C. Rs. 2328280

D. Rs. 2328680

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1764000 × 44 × 3)/100 = 2328480.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2385000 amounts to Rs. 3339000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 954000. R = (954000 × 100)/(2385000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 1746000 amount to Rs. 2444400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 698400. T = (698400 × 100)/(1746000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 1360800 interest in 8 years at 15% SI is

A. Rs. 1133000

B. Rs. 1135000

C. Rs. 1134000

D. Rs. 1132000

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Correct Answer: Option C

Explanation:
P = (1360800 × 100)/(15 × 8) = 1134000.

This question belongs to: Maths Simple Interest

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