Simple interest on Rs. 189000 for 3 years at 9% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 189000 for 3 years at 9% per annum is

A. Rs. 50830

B. Rs. 51030

C. Rs. 51230

D. Rs. 51430

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Rate when Rs. 399000 amounts to Rs. 518700 in 3 years

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 119700. R = (119700 * 100)/(399000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1269000 for 3 years at 33% per annum is

A. Rs. 1256110

B. Rs. 1256510

C. Rs. 1256710

D. Rs. 1256310

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Correct Answer: Option D

Explanation:
SI = (1269000 × 33 × 3)/100 = 1256310.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 216000 amount to Rs. 302400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 86400. T = (86400 × 100)/(216000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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