Simple interest on Rs. 360000 for 3 years at 13% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 360000 for 3 years at 13% per annum is

A. Rs. 140600

B. Rs. 140800

C. Rs. 140400

D. Rs. 140200

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (360000 × 13 × 3)/100 = 140400.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 17856000 interest in 9 years at 40% SI is

A. Rs. 4958000

B. Rs. 4961000

C. Rs. 4959000

D. Rs. 4960000

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Correct Answer: Option D

Explanation:
P = (17856000 × 100)/(40 × 9) = 4960000.

This question belongs to: Maths Simple Interest

Question #2

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Principal for Rs. 470400 interest in 8 years at 11%

A. Rs. 535000

B. Rs. 533000

C. Rs. 534000

D. Rs. 536000

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Correct Answer: Option A

Explanation:
P = (470400 * 100)/(11 * 8) = 535000 approx adjusted.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1944000 for 3 years at 48% per annum is

A. Rs. 2799560

B. Rs. 2799360

C. Rs. 2799160

D. Rs. 2799760

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Correct Answer: Option B

Explanation:
SI = (1944000 × 48 × 3)/100 = 2799360.

This question belongs to: Maths Simple Interest

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