Simple interest on Rs. 3654000 for 3 years at 86% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 3654000 for 3 years at 86% per annum is

A. Rs. 9433520

B. Rs. 9433120

C. Rs. 9433320

D. Rs. 9433720

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3654000 × 86 × 3)/100 = 9433320.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

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A sum of Rs. 108000 amounts to Rs. 151200 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 43200. R = (43200 × 100)/(108000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 2790000 amounts to Rs. 3906000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 1116000. R = (1116000 × 100)/(2790000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Rate when Rs. 231000 amounts to Rs. 300300 in 3 years

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 69300. R = (69300 * 100)/(231000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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