Simple interest on Rs. 4284000 for 3 years at 100% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4284000 for 3 years at 100% per annum is

A. Rs. 12852200

B. Rs. 12852400

C. Rs. 12851800

D. Rs. 12852000

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (4284000 × 100 × 3)/100 = 12852000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 639000 for 3 years at 19% per annum is

A. Rs. 364630

B. Rs. 364430

C. Rs. 364030

D. Rs. 364230

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Correct Answer: Option D

Explanation:
SI = (639000 × 19 × 3)/100 = 364230.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 513000 for 2 years at 20% per annum is

A. Rs. 205000

B. Rs. 205400

C. Rs. 205600

D. Rs. 205200

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Correct Answer: Option D

Explanation:
SI = (513000 × 20 × 2)/100 = 205200.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1368000 amounts to Rs. 1778400 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 410400. R = (410400 × 100)/(1368000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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