Simple interest on Rs. 369000 for 3 years at 13% per annum is MCQ with Answer and Explanation

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

A. Rs. 144310

B. Rs. 143910

C. Rs. 144110

D. Rs. 143710

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (369000 × 13 × 3)/100 = 143910.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 24000 amount to Rs. 33600 at 10% simple interest?

A. 3 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option C

Explanation:
SI = 9600. T = (9600 × 100)/(24000 × 10) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

A sum doubles in 8 years at simple interest. Rate is

A. 12.5%

B. 10%

C. 15%

D. 8%

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Correct Answer: Option A

Explanation:
R = 100/8 = 12.5%.

This question belongs to: Maths Simple Interest

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