Simple interest on Rs. 3879000 for 3 years at 91% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3879000 for 3 years at 91% per annum is

A. Rs. 10601330

B. Rs. 10600930

C. Rs. 10601530

D. Rs. 10601130

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 3175200 interest in 9 years at 17% SI is

A. Rs. 2077000

B. Rs. 2076000

C. Rs. 2074000

D. Rs. 2075000

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Correct Answer: Option B

Explanation:
P = (3175200 × 100)/(17 × 9) = 2076000.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 891000 amount to Rs. 1247400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 356400. T = (356400 × 100)/(891000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Time for Rs. 45000 at 8% to amount Rs. 63000

A. 7 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 18000. T = (18000 * 100)/(45000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

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