Simple interest on Rs. 2079000 for 3 years at 51% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2079000 for 3 years at 51% per annum is
A. Rs. 3181270
B. Rs. 3180870
C. Rs. 3181070
D. Rs. 3180670
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (2079000 × 51 × 3)/100 = 3180870.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1
In how many years will Rs. 4311000 amount to Rs. 6035400 at 8% simple interest?
A. 6 years
B. 5 years
C. 4 years
D. 7 years

Correct Answer: Option B


Explanation:
SI = 1724400. T = (1724400 × 100)/(4311000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 486000 amount to Rs. 680400 at 8% simple interest?
A. 5 years
B. 4 years
C. 7 years
D. 6 years

Correct Answer: Option A


Explanation:
SI = 194400. T = (194400 × 100)/(486000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 1539000 for 3 years at 39% per annum is
A. Rs. 1800970
B. Rs. 1801170
C. Rs. 1801370
D. Rs. 1801570

Correct Answer: Option B


Explanation:
SI = (1539000 × 39 × 3)/100 = 1801170.

This question belongs to: Maths Simple Interest