Simple interest on Rs. 459000 for 3 years at 15% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 459000 for 3 years at 15% per annum is

A. Rs. 206350

B. Rs. 206750

C. Rs. 206950

D. Rs. 206550

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (459000 × 15 × 3)/100 = 206550.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest Rs. 19600 for 3 years at 8%

A. Rs. 4704

B. Rs. 5104

C. Rs. 4904

D. Rs. 4504

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Correct Answer: Option A

Explanation:
SI = (19600 * 8 * 3)/100 = 4704.

This question belongs to: Maths Simple Interest

Question #2

SI on Rs. 31500 for 4 years at 7%

A. Rs. 9220

B. Rs. 9020

C. Rs. 8620

D. Rs. 8820

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Correct Answer: Option D

Explanation:
SI = (31500 * 7 * 4)/100 = 8820.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 558000 amounts to Rs. 725400 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 167400. R = (167400 × 100)/(558000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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