Simple interest on Rs. 432000 for 3 years at 15% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 432000 for 3 years at 15% per annum is

A. Rs. 194600

B. Rs. 194800

C. Rs. 194400

D. Rs. 194200

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (432000 × 15 × 3)/100 = 194400.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2889000 for 3 years at 69% per annum is

A. Rs. 5981830

B. Rs. 5982030

C. Rs. 5982430

D. Rs. 5982230

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Correct Answer: Option B

Explanation:
SI = (2889000 × 69 × 3)/100 = 5982030.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 336000 at 8% to amount Rs. 470400

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 134400. T = (134400 * 100)/(336000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 414000 amounts to Rs. 538200 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 124200. R = (124200 × 100)/(414000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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