Simple interest on Rs. 3114000 for 3 years at 74% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3114000 for 3 years at 74% per annum is

A. Rs. 6912120

B. Rs. 6912320

C. Rs. 6912520

D. Rs. 6911920

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (3114000 × 74 × 3)/100 = 6912120.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1647000 for 2 years at 44% per annum is

A. Rs. 1449160

B. Rs. 1449360

C. Rs. 1449760

D. Rs. 1449560

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Correct Answer: Option B

Explanation:
SI = (1647000 × 44 × 2)/100 = 1449360.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 10454400 interest in 9 years at 29% SI is

A. Rs. 4000000

B. Rs. 3998000

C. Rs. 4001000

D. Rs. 3999000

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Correct Answer: Option A

Explanation:
P = (10454400 × 100)/(29 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358760

B. Rs. 358960

C. Rs. 358360

D. Rs. 358560

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Correct Answer: Option D

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

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