Simple interest on Rs. 2709000 for 3 years at 65% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2709000 for 3 years at 65% per annum is

A. Rs. 5279750

B. Rs. 5279550

C. Rs. 5279950

D. Rs. 5279350

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (2709000 × 65 × 3)/100 = 5279550.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Rate when Rs. 259000 amounts to Rs. 336700 in 3 years

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 225000 for 2 years at 12% per annum is

A. Rs. 54200

B. Rs. 53800

C. Rs. 54400

D. Rs. 54000

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Correct Answer: Option D

Explanation:
SI = (225000 × 12 × 2)/100 = 54000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4032000 for 2 years at 97% per annum is

A. Rs. 7822280

B. Rs. 7821880

C. Rs. 7822480

D. Rs. 7822080

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Correct Answer: Option D

Explanation:
SI = (4032000 × 97 × 2)/100 = 7822080.

This question belongs to: Maths Simple Interest

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