Simple interest on Rs. 2169000 for 3 years at 53% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2169000 for 3 years at 53% per annum is

A. Rs. 3449470

B. Rs. 3449270

C. Rs. 3449070

D. Rs. 3448870

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (2169000 × 53 × 3)/100 = 3449070.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 8053200 interest in 9 years at 25% SI is

A. Rs. 3581000

B. Rs. 3578000

C. Rs. 3579000

D. Rs. 3580000

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Correct Answer: Option D

Explanation:
P = (8053200 × 100)/(25 × 9) = 3580000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 3663000 amounts to Rs. 4761900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1098900. R = (1098900 × 100)/(3663000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 1521000 amount to Rs. 2129400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 608400. T = (608400 × 100)/(1521000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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