Simple interest on Rs. 50000 for 3 years at 9% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 50000 for 3 years at 9% per annum is

A. Rs. 13500

B. Rs. 13700

C. Rs. 13900

D. Rs. 13300

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (50000 × 9 × 3)/100 = 13500.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2520000 amounts to Rs. 3528000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1008000. R = (1008000 × 100)/(2520000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 585000 for 2 years at 22% per annum is

A. Rs. 257600

B. Rs. 257200

C. Rs. 257400

D. Rs. 257800

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Correct Answer: Option C

Explanation:
SI = (585000 × 22 × 2)/100 = 257400.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6385920

B. Rs. 6385720

C. Rs. 6386320

D. Rs. 6386120

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Correct Answer: Option A

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

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