Simple interest on Rs. 4374000 for 3 years at 102% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4374000 for 3 years at 102% per annum is

A. Rs. 13389680

B. Rs. 13389480

C. Rs. 13389280

D. Rs. 13389880

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (4374000 × 102 × 3)/100 = 13389480.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 369000 for 2 years at 16% per annum is

A. Rs. 118480

B. Rs. 118080

C. Rs. 118280

D. Rs. 117880

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Correct Answer: Option B

Explanation:
SI = (369000 × 16 × 2)/100 = 118080.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 19135 amounts to Rs. 28702 in 10 years at simple interest. Rate is

A. 8%

B. 7%

C. 5%

D. 4%

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Correct Answer: Option C

Explanation:
SI = 9567. R = (9567 * 100)/(19135 * 10) = 5%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 50400 interest in 7 years at 8% SI is

A. Rs. 90000

B. Rs. 91000

C. Rs. 88000

D. Rs. 89000

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Correct Answer: Option A

Explanation:
P = (50400 × 100)/(8 × 7) = 90000.

This question belongs to: Maths Simple Interest

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