Simple interest on Rs. 729000 for 3 years at 21% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 729000 for 3 years at 21% per annum is
A. Rs. 459670
B. Rs. 459270
C. Rs. 459470
D. Rs. 459070
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (729000 × 21 × 3)/100 = 459270.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 180000 amounts to Rs. 234000 in 3 years is
A. 9%
B. 12%
C. 8%
D. 10%

Correct Answer: Option D


Explanation:
SI = 54000. R = (54000 × 100)/(180000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Rate for Rs. 189000 to Rs. 245700 in 3 years SI
A. 10%
B. 9%
C. 8%
D. 12%

Correct Answer: Option A


Explanation:
SI = 56700. R = (56700 * 100)/(189000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 585000 amounts to Rs. 819000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 234000. R = (234000 × 100)/(585000 × 4) = 10%.

This question belongs to: Maths Simple Interest