Simple interest on Rs. 2349000 for 3 years at 57% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 2349000 for 3 years at 57% per annum is

A. Rs. 4016430

B. Rs. 4016630

C. Rs. 4016230

D. Rs. 4016830

Answer: Option A

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

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A sum of Rs. 3960000 amounts to Rs. 5544000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 1584000. R = (1584000 × 100)/(3960000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 3150000 amounts to Rs. 4410000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1260000. R = (1260000 × 100)/(3150000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 2853000 amounts to Rs. 3708900 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 855900. R = (855900 × 100)/(2853000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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