Simple interest on Rs. 639000 for 3 years at 19% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 639000 for 3 years at 19% per annum is

A. Rs. 364030

B. Rs. 364430

C. Rs. 364230

D. Rs. 364630

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (639000 × 19 × 3)/100 = 364230.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 72000 amounts to Rs. 93600 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 21600. R = (21600 × 100)/(72000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest?

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 1148400. T = (1148400 × 100)/(2871000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 105000 for 2 years at 6% per annum is

A. Rs. 12400

B. Rs. 12800

C. Rs. 13000

D. Rs. 12600

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Correct Answer: Option D

Explanation:
SI = (105000 × 6 × 2)/100 = 12600.

This question belongs to: Maths Simple Interest

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