Simple interest on Rs. 1944000 for 3 years at 48% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1944000 for 3 years at 48% per annum is

A. Rs. 2799160

B. Rs. 2799560

C. Rs. 2799360

D. Rs. 2799760

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (1944000 × 48 × 3)/100 = 2799360.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1449000 for 3 years at 37% per annum is

A. Rs. 1607970

B. Rs. 1608170

C. Rs. 1607770

D. Rs. 1608370

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Correct Answer: Option A

Explanation:
SI = (1449000 × 37 × 3)/100 = 1607970.

This question belongs to: Maths Simple Interest

Question #2

The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is

A. Rs. 1000

B. Rs. 1800

C. Rs. 1200

D. Rs. 1500

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Correct Answer: Option C

Explanation:
SI = (8000 × 5 × 3)/100 = 1200.

This question belongs to: Maths Simple Interest

Question #3

Years for Rs. 42000 at 7% to give Rs. 11760 interest

A. 5 years

B. 3 years

C. 6 years

D. 4 years

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Correct Answer: Option D

Explanation:
T = (11760 * 100)/(42000 * 7) = 4 years.

This question belongs to: Maths Simple Interest

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