Simple interest on Rs. 4554000 for 3 years at 106% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4554000 for 3 years at 106% per annum is

A. Rs. 14482400

B. Rs. 14482200

C. Rs. 14482000

D. Rs. 14482600

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (4554000 × 106 × 3)/100 = 14482200.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 306000 amounts to Rs. 428400 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 122400. R = (122400 × 100)/(306000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 3078000 amounts to Rs. 4001400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 923400. R = (923400 × 100)/(3078000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 831600 interest in 9 years at 11% SI is

A. Rs. 841000

B. Rs. 838000

C. Rs. 840000

D. Rs. 839000

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Correct Answer: Option C

Explanation:
P = (831600 × 100)/(11 × 9) = 840000.

This question belongs to: Maths Simple Interest

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