Simple interest on Rs. 2124000 for 3 years at 52% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2124000 for 3 years at 52% per annum is
A. Rs. 3313240
B. Rs. 3313840
C. Rs. 3313640
D. Rs. 3313440
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = (2124000 × 52 × 3)/100 = 3313440.

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Practice More Simple Interest Questions

Question #1
The principal on which SI for 5 years at 7% is Rs. 12250 is
A. Rs. 36000
B. Rs. 35000
C. Rs. 34000
D. Rs. 33000

Correct Answer: Option B


Explanation:
P = (12250 * 100)/(7 * 5) = 35000.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 765000 amounts to Rs. 1071000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 306000. R = (306000 × 100)/(765000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 9%
D. 12%

Correct Answer: Option B


Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest