Simple interest on Rs. 3429000 for 3 years at 81% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3429000 for 3 years at 81% per annum is

A. Rs. 8333470

B. Rs. 8333070

C. Rs. 8333270

D. Rs. 8332870

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3429000 × 81 × 3)/100 = 8333070.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1000 for 2 years at 6% is

A. Rs. 80

B. Rs. 120

C. Rs. 100

D. Rs. 140

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Correct Answer: Option B

Explanation:
SI = (1000 × 6 × 2)/100 = 120.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4554000 for 3 years at 106% per annum is

A. Rs. 14482600

B. Rs. 14482400

C. Rs. 14482000

D. Rs. 14482200

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Correct Answer: Option D

Explanation:
SI = (4554000 × 106 × 3)/100 = 14482200.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3888000 amounts to Rs. 5054400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1166400. R = (1166400 × 100)/(3888000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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