Simple interest on Rs. 3609000 for 3 years at 85% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3609000 for 3 years at 85% per annum is

A. Rs. 9203150

B. Rs. 9202950

C. Rs. 9203350

D. Rs. 9202750

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3609000 × 85 × 3)/100 = 9202950.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 369000 for 3 years at 13% per annum is

A. Rs. 143710

B. Rs. 143910

C. Rs. 144310

D. Rs. 144110

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Correct Answer: Option B

Explanation:
SI = (369000 × 13 × 3)/100 = 143910.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1530000 amounts to Rs. 2142000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 612000. R = (612000 × 100)/(1530000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 8323200 interest in 8 years at 31% SI is

A. Rs. 3349000

B. Rs. 3348000

C. Rs. 3350000

D. Rs. 3351000

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Correct Answer: Option C

Explanation:
P = (8323200 × 100)/(31 × 8) = 3350000.

This question belongs to: Maths Simple Interest

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