Simple interest on Rs. 684000 for 3 years at 22% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 684000 for 3 years at 22% per annum is

A. Rs. 451640

B. Rs. 451440

C. Rs. 451840

D. Rs. 451240

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (684000 × 22 × 3)/100 = 451440.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2295000 amounts to Rs. 3213000 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 = 918000. R = (918000 × 100)/(2295000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 14976000 interest in 9 years at 36% SI is

A. Rs. 4618000

B. Rs. 4619000

C. Rs. 4621000

D. Rs. 4620000

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Correct Answer: Option D

Explanation:
P = (14976000 × 100)/(36 × 9) = 4620000.

This question belongs to: Maths Simple Interest

Question #3

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Years for Rs. 27000 at 6% to give Rs. 9720 interest

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option A

Explanation:
T = (9720 * 100)/(27000 * 6) = 6 years.

This question belongs to: Maths Simple Interest

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