Simple interest on Rs. 3069000 for 3 years at 73% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3069000 for 3 years at 73% per annum is

A. Rs. 6720970

B. Rs. 6720770

C. Rs. 6720370

D. Rs. 6720570

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (3069000 × 73 × 3)/100 = 6720570.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

SI on Rs. 101500 for 5 years at 5%

A. Rs. 25375

B. Rs. 25775

C. Rs. 25175

D. Rs. 25575

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Correct Answer: Option A

Explanation:
SI = (101500 * 5 * 5)/100 = 25375.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 468000 amounts to Rs. 655200 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 187200. R = (187200 × 100)/(468000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3033000 amounts to Rs. 3942900 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 909900. R = (909900 × 100)/(3033000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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