Simple interest on Rs. 1854000 for 3 years at 46% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1854000 for 3 years at 46% per annum is
A. Rs. 2558920
B. Rs. 2558520
C. Rs. 2558320
D. Rs. 2558720
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (1854000 × 46 × 3)/100 = 2558520.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 459000 for 3 years at 15% per annum is
A. Rs. 206350
B. Rs. 206750
C. Rs. 206550
D. Rs. 206950

Correct Answer: Option C


Explanation:
SI = (459000 × 15 × 3)/100 = 206550.

This question belongs to: Maths Simple Interest
Question #2
A sum at 11% SI for 5 years amounts to Rs. 189000. Principal
A. Rs. 127000
B. Rs. 124000
C. Rs. 126000
D. Rs. 125000

Correct Answer: Option C


Explanation:
SI = 63000. P = 189000 - 63000 = 126000.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 55000 for 3 years at 8% per annum is
A. Rs. 13000
B. Rs. 13200
C. Rs. 13400
D. Rs. 13600

Correct Answer: Option B


Explanation:
SI = (55000 × 8 × 3)/100 = 13200.

This question belongs to: Maths Simple Interest