Simple interest on Rs. 4464000 for 3 years at 104% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4464000 for 3 years at 104% per annum is

A. Rs. 13921720

B. Rs. 13922120

C. Rs. 13921920

D. Rs. 13922320

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4464000 × 104 × 3)/100 = 13921920.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

SI on Rs. 36400 for 3 years at 11%

A. Rs. 12212

B. Rs. 12412

C. Rs. 11812

D. Rs. 12012

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Correct Answer: Option D

Explanation:
SI = (36400 * 11 * 3)/100 = 12012.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 31500 amount to Rs. 47250 at 10% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 15750. T = (15750 × 100)/(31500 × 10) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 315000 amounts to Rs. 441000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 126000. R = (126000 × 100)/(315000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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