Simple interest on Rs. 1899000 for 3 years at 47% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1899000 for 3 years at 47% per annum is

A. Rs. 2678470

B. Rs. 2678270

C. Rs. 2678070

D. Rs. 2677870

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (1899000 × 47 × 3)/100 = 2678070.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 630000 amounts to Rs. 882000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 252000. R = (252000 × 100)/(630000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 621000 for 2 years at 23% per annum is

A. Rs. 286060

B. Rs. 285460

C. Rs. 285860

D. Rs. 285660

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Correct Answer: Option D

Explanation:
SI = (621000 × 23 × 2)/100 = 285660.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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