Simple interest on Rs. 549000 for 3 years at 17% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 549000 for 3 years at 17% per annum is

A. Rs. 279790

B. Rs. 280190

C. Rs. 280390

D. Rs. 279990

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (549000 × 17 × 3)/100 = 279990.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 243000 amount to Rs. 340200 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 97200. T = (97200 × 100)/(243000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 1285200 interest in 9 years at 13% SI is

A. Rs. 1101000

B. Rs. 1099000

C. Rs. 1098000

D. Rs. 1100000

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Correct Answer: Option D

Explanation:
P = (1285200 × 100)/(13 × 9) = 1100000.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 18000 becomes Rs. 25200 in 4 years at SI. Rate is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 7200. R = (7200 × 100)/(18000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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