Simple interest on Rs. 180000 for 3 years at 9% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 180000 for 3 years at 9% per annum is

A. Rs. 49000

B. Rs. 48800

C. Rs. 48600

D. Rs. 48400

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (180000 × 9 × 3)/100 = 48600.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 4005000 amounts to Rs. 5607000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1602000. R = (1602000 × 100)/(4005000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 792000 for 2 years at 25% per annum is

A. Rs. 395800

B. Rs. 396200

C. Rs. 396000

D. Rs. 396400

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Correct Answer: Option C

Explanation:
SI = (792000 × 25 × 2)/100 = 396000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1359000 for 3 years at 35% per annum is

A. Rs. 1426750

B. Rs. 1426950

C. Rs. 1427150

D. Rs. 1427350

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Correct Answer: Option B

Explanation:
SI = (1359000 × 35 × 3)/100 = 1426950.

This question belongs to: Maths Simple Interest

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