Simple interest on Rs. 4194000 for 3 years at 98% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328960

B. Rs. 12328360

C. Rs. 12328760

D. Rs. 12328560

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 14040000 interest in 8 years at 41% SI is

A. Rs. 4276000

B. Rs. 4275000

C. Rs. 4274000

D. Rs. 4273000

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Correct Answer: Option B

Explanation:
P = (14040000 × 100)/(41 × 8) = 4275000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 529200 interest in 8 years at 9% SI is

A. Rs. 735000

B. Rs. 736000

C. Rs. 733000

D. Rs. 734000

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Correct Answer: Option A

Explanation:
P = (529200 × 100)/(9 × 8) = 735000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 684000 for 3 years at 22% per annum is

A. Rs. 451240

B. Rs. 451840

C. Rs. 451440

D. Rs. 451640

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Correct Answer: Option C

Explanation:
SI = (684000 × 22 × 3)/100 = 451440.

This question belongs to: Maths Simple Interest

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