Simple interest on Rs. 234500 for 3 years at 18% MCQ with Answer and Explanation

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Simple interest on Rs. 234500 for 3 years at 18%

A. Rs. 127030

B. Rs. 126630

C. Rs. 126430

D. Rs. 126830

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (234500 * 18 * 3)/100 = 126630.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 113400 interest in 6 years at 7% SI is

A. Rs. 271000

B. Rs. 269000

C. Rs. 270000

D. Rs. 268000

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Correct Answer: Option C

Explanation:
P = (113400 × 100)/(7 × 6) = 270000.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3546000 amount to Rs. 4964400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1418400. T = (1418400 × 100)/(3546000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 765000 for 2 years at 27% per annum is

A. Rs. 413500

B. Rs. 412900

C. Rs. 413100

D. Rs. 413300

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Correct Answer: Option C

Explanation:
SI = (765000 × 27 × 2)/100 = 413100.

This question belongs to: Maths Simple Interest

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