Simple interest on Rs. 4509000 for 3 years at 105% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4509000 for 3 years at 105% per annum is

A. Rs. 14203350

B. Rs. 14203550

C. Rs. 14203150

D. Rs. 14203750

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (4509000 × 105 × 3)/100 = 14203350.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 171000 amount to Rs. 239400 at 8% simple interest?

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 68400. T = (68400 × 100)/(171000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 999000 amount to Rs. 1398600 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 399600. T = (399600 × 100)/(999000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 135000 amount to Rs. 189000 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 54000. T = (54000 × 100)/(135000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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