Simple interest on Rs. 4329000 for 3 years at 101% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4329000 for 3 years at 101% per annum is

A. Rs. 13119370

B. Rs. 13118770

C. Rs. 13118970

D. Rs. 13119170

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4329000 × 101 × 3)/100 = 13118970.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 252000 interest in 6 years at 7% SI is

A. Rs. 598000

B. Rs. 601000

C. Rs. 599000

D. Rs. 600000

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Correct Answer: Option D

Explanation:
P = (252000 × 100)/(7 × 6) = 600000.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 80640 in 6 years at 9% SI. Principal

A. Rs. 47000

B. Rs. 46000

C. Rs. 49000

D. Rs. 48000

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Correct Answer: Option D

Explanation:
SI = 32640. P = 80640 - 32640 = 48000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1350000 amounts to Rs. 1890000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 540000. R = (540000 × 100)/(1350000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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