Simple interest on Rs. 2394000 for 3 years at 58% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 2394000 for 3 years at 58% per annum is

A. Rs. 4165560

B. Rs. 4165360

C. Rs. 4165960

D. Rs. 4165760

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (2394000 × 58 × 3)/100 = 4165560.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 4500000 amounts to Rs. 6300000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1800000. R = (1800000 × 100)/(4500000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16956

B. Rs. 17156

C. Rs. 16806

D. Rs. 17456

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Correct Answer: Option A

Explanation:
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 9126000 interest in 9 years at 26% SI is

A. Rs. 3899000

B. Rs. 3901000

C. Rs. 3900000

D. Rs. 3898000

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Correct Answer: Option C

Explanation:
P = (9126000 × 100)/(26 × 9) = 3900000.

This question belongs to: Maths Simple Interest

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