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

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

A. Rs. 2924230

B. Rs. 2924430

C. Rs. 2924630

D. Rs. 2924830

Answer: Option B

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 3880800 interest in 9 years at 18% SI is

A. Rs. 2399000

B. Rs. 2398000

C. Rs. 2401000

D. Rs. 2400000

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Correct Answer: Option D

Explanation:
P = (3880800 × 100)/(18 × 9) = 2400000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3465000 amounts to Rs. 4851000 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 = 1386000. R = (1386000 × 100)/(3465000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1125000 amounts to Rs. 1575000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 450000. R = (450000 × 100)/(1125000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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