Simple interest on Rs. 2259000 for 3 years at 55% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2259000 for 3 years at 55% per annum is
A. Rs. 3727150
B. Rs. 3727550
C. Rs. 3727350
D. Rs. 3727750
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = (2259000 × 55 × 3)/100 = 3727350.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 176400 interest in 7 years at 8% SI is
A. Rs. 314000
B. Rs. 313000
C. Rs. 315000
D. Rs. 316000

Correct Answer: Option C


Explanation:
P = (176400 × 100)/(8 × 7) = 315000.

This question belongs to: Maths Simple Interest
Question #2
Rate for Rs. 91000 to Rs. 118300 in 3 years SI
A. 9%
B. 12%
C. 10%
D. 8%

Correct Answer: Option C


Explanation:
SI = 27300. R = (27300 * 100)/(91000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2349000 for 3 years at 57% per annum is
A. Rs. 4016230
B. Rs. 4016830
C. Rs. 4016430
D. Rs. 4016630

Correct Answer: Option C


Explanation:
SI = (2349000 × 57 × 3)/100 = 4016430.

This question belongs to: Maths Simple Interest