Simple interest on Rs. 2799000 for 3 years at 67% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2799000 for 3 years at 67% per annum is

A. Rs. 5629130

B. Rs. 5628730

C. Rs. 5628930

D. Rs. 5629330

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (2799000 × 67 × 3)/100 = 5628930.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Time for Rs. 18000 to amount Rs. 25200 at 8% SI

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 7200. T = (7200 * 100)/(18000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 63000 interest in 7 years at 9% SI is

A. Rs. 100000

B. Rs. 101000

C. Rs. 98000

D. Rs. 99000

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Correct Answer: Option A

Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 630000 interest in 9 years at 10% SI is

A. Rs. 698000

B. Rs. 699000

C. Rs. 700000

D. Rs. 701000

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Correct Answer: Option C

Explanation:
P = (630000 × 100)/(10 × 9) = 700000.

This question belongs to: Maths Simple Interest

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