Simple interest on Rs. 4419000 for 3 years at 103% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4419000 for 3 years at 103% per annum is

A. Rs. 13666810

B. Rs. 13666210

C. Rs. 13666410

D. Rs. 13666610

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2655000 amounts to Rs. 3717000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1062000. R = (1062000 × 100)/(2655000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 60000 amounts to Rs. 78000 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 18000. R = (18000 × 100)/(60000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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