Simple interest on Rs. 1989000 for 3 years at 49% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1989000 for 3 years at 49% per annum is

A. Rs. 2924430

B. Rs. 2924230

C. Rs. 2924830

D. Rs. 2924630

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1989000 × 49 × 3)/100 = 2924430.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 126000 amounts to Rs. 176400 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 50400. R = (50400 × 100)/(126000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 7243200 interest in 8 years at 29% SI is

A. Rs. 3121000

B. Rs. 3120000

C. Rs. 3119000

D. Rs. 3118000

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Correct Answer: Option B

Explanation:
P = (7243200 × 100)/(29 × 8) = 3120000.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 5300400 interest in 9 years at 21% SI is

A. Rs. 2800000

B. Rs. 2801000

C. Rs. 2798000

D. Rs. 2799000

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Correct Answer: Option A

Explanation:
P = (5300400 × 100)/(21 × 9) = 2800000.

This question belongs to: Maths Simple Interest

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