Simple interest on Rs. 4149000 for 3 years at 97% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4149000 for 3 years at 97% per annum is

A. Rs. 12070130

B. Rs. 12070330

C. Rs. 12069930

D. Rs. 12069730

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4149000 × 97 × 3)/100 = 12069930.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 4005000 amounts to Rs. 5607000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1602000. R = (1602000 × 100)/(4005000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 1170000 amounts to Rs. 1638000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 468000. R = (468000 × 100)/(1170000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest

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